Author archives: Edward Hutton

Fuel Oil Morning Report 14/05/21

Brent crude oil futures were down 26 cents, or 0.4%, at $66.79 a barrel by 0 GMT, while West Texas Intermediate (WTI) was down 20 cents, or 0.3%, at $63.62 a barrel. Both prices are heading for their first weekly loss in three weeks.   Oil prices fell 3% over the course of Thursday as …

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Morning Report Tanker FFA 14/5/21

News Headlines: OIL DAYBOOK EUROPE: Pipeline Restarts With Supplies Running Low (Bloomberg) Colonial restarted its entire system after a cyberattack nearly a week ago, but said it will take several days for the supply chain to return to normal.     Valero Secures Biden’s First Jones Act Waiver for Foreign Tanker (Bloomberg) The waiver announced …

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