FIS Fuel Oil Morning Report 23/09/21

At 0210 GMT, Brent futures contract was up 15 cents/b (0.2%) from the previous close at $76.34/b, while the NYMEX November light sweet crude contract was 9 cents/b (0.12%) higher at $72.32/b.   “Crude prices rallied after US stockpiles tumbled to the lowest levels since October 2018,” said OANDA senior market analyst Edward Moya, adding …

FIS Morning Report Tanker FFA 23-09-21

News Headlines: OIL DAYBOOK EUROPE: Key U.S. Crude Price Weakens; OPEC Warning (Bloomberg) Prices for one of the most important grades of U.S. oil slid for a second day as production begins to resume in Gulf of Mexico wells shut by Hurricane Ida more than three weeks ago. Royal Dutch Shell Plc restarted the Amberjack …