Author archives: Edward Hutton

Supramax Oct 21 Morning Technical Comment – 240 Min 14/09/21

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Morning Report Tanker FFA 14/09/21

News Headlines: OIL DAYBOOK EUROPE: Oil Glut Is All But Gone; Hurricane Threat (Bloomberg) Global crude inventories that ballooned during the pandemic have shrunk to the lowest level in 20 months as an economic rebound in top consumers China and the U.S. drives a robust recovery in fuel demand. * OIL FUTURES: Oil Rallies as …

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Fuel Oil Morning Report 14/09/21

At 10:25 am Singapore time (0225 GMT), the ICE November Brent futures contract was up 32 cents/b (0.44%) from the previous settle at $73.83/b, while the NYMEX October WTI contract was up 36 cents/b (0.51%) at $70.81/b.   Supply concerns were compounded by the emergence of Tropical Storm Nicholas on the Texas Gulf Coast as …

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