Author archives: Edward Hutton

Supramax Nov 21 Morning Technical Comment – 240 Min 22/10/21

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FIS Fuel Oil Morning Report 22/10/21

At 11:15 am Singapore time (0315 GMT), the ICE December Brent futures contract was down 36 cents/b (0.43%) from the previous close at $84.25/b, while the NYMEX November light sweet crude contract fell 29 cents/b (0.35%) at $82.21/b.   Oil prices came under pressure yesterday, dragged down by the broader weakness seen across the commodities …

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FIS Morning Report Tanker FFA 22 -10-21

News Headlines:  OIL DAYBOOK EUROPE: Biden Says Gasoline Prices Will Remain High (Bloomberg) President Joe Biden said that Americans should expect high gasoline prices to continue into next year because of policies by OPEC and other foreign oil producers. “That’s because of the supply being withheld by OPEC,” the president said during a CNN town …

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