FIS Fuel Oil Morning Report 24/05/21

At 11:39 am Singapore time (0339 GMT), the ICE Brent July contract was up 50 cents/b (0.75%) from the May 21 settle at $66.94/b, while the July NYMEX light sweet crude contract was up 60 cents/b (0.94%) at $64.18/b.   Last week saw a dramatic decline for the brent front month futures as a result …