Author archives: Edward Hutton

FIS Fuel Oil Morning Report 10/06/21

At 10:38 am Singapore time (0238 GMT), the ICE August Brent futures contract was down 65 cents/b (0.90%) from the previous settle at $71.57/b while the NYMEX July light sweet crude contract was down 61 cents/b (0.87%) at $69.35/b.   EIA week ending 6/4 Crude oil: -5.2M Gasoline: +7.0M Distillates: +4.4M Refiner utilz: 91.3% Impld …

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FIS Morning Report Tanker FFA 10-06-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Awash With Gasoline; Iran Nuclear Talks (Bloomberg) American oil refiners eager to boost gasoline production for the summer driving season are leaving the country awash with fuel at a time when the rebound in consumption is still uncertain. Stockpiles have jumped to the highest in three-months, while a measure …

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