Supramax & Handysize FFA Daily Report

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Oil Through the Looking Glass 15/10/20

*Despite Bullish API Predictions Crude Falls* Even though the API predicted that there was going to be a draw of 5.42M bbls, European open was a bearish start, with prices dropping below the $43 for Brent. Overnight, prices had moved up after the release of the data to almost $43.50, but this did not hold. …

Morning Oil Report 15/10/20

Good morning all. Brent crude futures rose 7 cents, or 0.2% to $43.39 a barrel, with U.S. WTI climbing 8 cents, or 0.2%, to $41.12 a barrel at 0430 GMT. Yesterday the front FoGos strengthened throughout the day, as did the front crack with Gasoil and fuels pushing yet again.   Crude futures had pushed up …