Morning Oil Report 02/09/21

At 10:40 am Singapore time (0240 GMT), the ICE November Brent futures contract was down 35 cents/b (0.49%) from the previous close at $71.24/b, while the NYMEX October light sweet crude contract was 43 cents/b (0.63%) lower at $68.16/b.   The OPEC+ alliance in its meeting Sept. 1 agreed to increase crude output by 400,000 …

Morning Tanker FFA Report 2/9/21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Sticks to Agreed Plan for Supply Hikes (Bloomberg) OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference. * OIL FUTURES: Oil Declines After OPEC+ Alliance Agrees to Return More Barrels     As OPEC+ Plans More Oil, …