FIS Fuel Oil Morning Report 01/02/2021

The week began with gains in early trading for both Brent and U.S. crude. Brent futures increasing 36c to $55.40 per barrel and WTI rising 24c to $52.44 (06:12GMT.) Prices have been boosted by vaccination programmes getting underway in hard-hit countries as well as output cuts by major producers.  (Reuters)   A delegate has claimed …