FIS Fuel Oil Morning Report 08/10/21

Good morning all. Crude oil futures rallied during mid-morning Asian trade Oct. 8, extending overnight gains, following reports that the US has no current plans to tap into the country’s oil reserves to help quell rising gasoline prices. Crude oil had come under pressure after US Energy Secretary Jennifer Granholm told the Financial times on …

FIS Morning Report Tanker FFA 08 -10-21

News Headlines: OIL DAYBOOK EUROPE: India Refiners Boost Run Rates; U.S. Reserve (Bloomberg) Oil refiners in major crude importer India are cranking up operating rates toward full capacity thanks to a fortuitous one-two lift from local and overseas markets that’s combining to stoke demand for diesel. Most state-owned companies now plan to run their refineries …