Oil and Products Morning Report 26/11/21

Good Morning. Crude oil futures plunged as investors were spooked by reports of a new COVID-19 variant from South Africa that appeared to evade immune responses, sparking a sharp sell-off in the broader financial markets. At 10:05 am Singapore time (0205 GMT), the ICE January Brent futures contract was down $1.13/b (1.37%) from the previous close …

ENGINE: Americas Bunker Fuel Market Update 25/11/21

Bunker prices have been rangebound in the Americas as Brent steadies after two days of sharp gains.   Changes on the day to 08.30 CST (14.30 GMT) today: VLSFO prices up in New York ($12/mt), Houston ($8/mt) and Balboa ($6/mt), steady in Los Angeles, and down in Zona Comun ($1/mt) LSMGO prices up in Houston …