FIS Fuel Oil Morning Report 28/05/21

At 10:26 am Singapore time (0226 GMT), the ICE Brent July contract was up 18 cents/b (0.26%) from the previous settle at $69.64/b, while the July NYMEX light sweet crude contract was 29 cents/b (0.43%) higher at $66.85/b.   The positive sentiment in the market is most evidently coming from the US as the economy …

FIS Morning Report Tanker FFA 28-05-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Seen Boosting July Supply; China Bets (Bloomberg) — OPEC and its allies are expected to reaffirm plans to boost oil output when they meet next week, restoring more of the supply halted during the pandemic. Most analysts and traders surveyed by Bloomberg predicted that OPEC+ will ratify an increase …