Morning Tanker FFA Report 8/11/21

News Headlines:

 

Oil gains after U.S. infrastructure bill passes, Chinese exports rise (Reuters)

 

Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia’s state-owned producer Aramco raised the official selling price for its crude. Brent crude was up by 86 cents or 1% at $83.60 a barrel by 0745 GMT, after dropping nearly 2% last week. U.S. oil gained 89 cents or 1.1% to $82.16, having declined almost 3% through Friday.

 

 

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FIS Tankers Daily Report 2021-11-08

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