Author archives: Edward Hutton

FIS Fuel Oil Morning Report 23/07/21

Brent crude settled at $73.79 a barrel, up $1.56, or 2.2%, while U.S. West Texas Intermediate (WTI) settled at $71.91 a barrel, rising $1.61, or 2.3%.   Over the past few days, oil has been recovering losses from the 7%+ drop that happened earlier in the week. The downtick in prices during the morning trade …

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FIS Morning Report Tanker FFA – 23-07-21

News Headlines: OIL DAYBOOK EUROPE: Venezuela Snubs U.S. Sanctions With Import (Bloomberg) Venezuela’s state-owned oil company imported a key component needed to achieve its goal of almost tripling crude production, defying U.S. efforts to isolate the Maduro regime. Venezuela wants to boost oil production to 1.5 million barrels a day by the end of this …

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