Morning Tanker FFA Report 5/11/21

News Headlines:

Oil gains after OPEC+ holds firm on supply (Reuters)

Oil prices rose on Friday, staging a partial recovery after OPEC+ producers rebuffed a U.S. call to raise supply and instead maintained plans for a gradual return of output halted by the coronavirus pandemic. Brent crude rose 53 cents or 0.7% to $81.07 a barrel by around 0805 GMT, after falling nearly 2% on Thursday. U.S. oil gained 96 cents or 1.2% to $79.77 a barrel, having declined 2.5% in the previous session.

 

 

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FIS Tankers Daily Report 2021-11-05

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