FIS Fuel Oil Morning Report 14/07/21

At 10:35 am Singapore time (0235 GMT), the ICE September Brent futures contract was down 18 cents/b (0.24%) from the previous close at $76.31/b, while the NYMEX August light sweet crude contract was down 23 cents/b (0.31%) at $75.02/b. Concerns about supply tightness have been heightened by the OPEC+ alliance’s ongoing stalemate over production quotas …

FIS Morning Report Tanker FFA 14-07-2021

News Headlines: OIL DAYBOOK EUROPE: U.S. Demand Surges to New Heights; EIA Data (Bloomberg) U.S. oil demand has soared to new heights as the nation rebounds from the pandemic, with gasoline and diesel consumption returning to pre-virus levels. A surge in petroleum use for products such as plastic, asphalt, lubricants and other industrial needs is …

ENGINE: Americas Bunker Fuel Market Update 13/7/21

Bunker prices have jumped in several ports in the Americas, with the highest gains seen for low sulphur values in Los Angeles and New York.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($26/mt), Houston and Los Angeles ($8/mt), Balboa ($7/mt) and Zona Comun ($1/mt) LSMGO …