Author archives: Edward Hutton

Oil Through the Looking Glass 26/6/20

Russia goes full circle The global oil plunge started with increased output as Saudi Arabia and Russia locked horns over production cuts. Four months down the line and multiple cuts Russia have gone full circle with exports of its Urals crude oil grade set to drop significantly next month.   Asian Buying interest failing countered …

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FIS Fuel Oil Morning Report 26/06/2020

Good morning and happy Friday. Firstly a massive congratulations to the reds for winning their first title for 30 years! Oil prices rose in early trade on Friday, extending gains from the previous day on optimism about recovering fuel demand worldwide, despite surges in coronavirus infections in some U.S. states and indications of a revival …

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