News Headlines:
Oil drops ahead of stock data, Iran talks (Reuters)
Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a rally driven by strong demand in the United States, the world’s biggest consumer of oil and its products. Brent crude was down 5 cents at $85.94 a barrel by 0631 GMT, after gaining 0.5% on Monday. U.S. oil dropped 12 cents to $83.64 a barrel, having finished unchanged the previous session after testing new highs.
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FIS Tankers Daily Report 2021-10-26