News Headlines:
OIL DAYBOOK EUROPE: China Set to Buy More Russian Crude; Iran (Bloomberg)
China’s growing appetite for oil is poised to lure crude from Russia’s western ports after a months’-long slump as the cargoes once again compete with Middle East supplies favored by Asia’s refineries.
Three Tanker Stocks Upgraded as Evercore ISI Says ‘Go Long’ (Bloomberg)
It’s time to go long tanker stocks, according to Evercore ISI, who upgraded DHT and Frontline to outperform, Nordic American to in-line.
Brazil Ships Medium Sweet Atapu Crude Oil to U.S. For First Time (Bloomberg)
Petrobras is exporting a cargo of Atapu crude oil to California, making it the 1st time grade is going to U.S.,
Please click below to view the report
FIS Tankers Daily Report 2021-05-26
For more information please contact
FIS
London +44 (0) 207 090 1120
Singapore +65 6535 5189
Dubai + 971 4 449 3900
Shanghai: +86 21 6335 4002
US (CT): +1 203 325 8004
US (FL): +1 813 490 6630