Author archives: Edward Hutton

FIS Fuel Oil Morning Report 09/06/21

At 11:12 am Singapore time (0312 GMT), the ICE August Brent futures contract was up 50 cents/b (0.69%) from the previous settle at $72.72/b while the NYMEX July light sweet crude contract was up 47 cents/b (0.67%) at $70.52/b.   Both contracts touched multiyear highs June 4 before settling lower. The ICE Brent contract last …

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FIS Morning Report Tanker FFA 09-06-21

  News Headlines: OIL DAYBOOK EUROPE: Asia’s Demand Recovery; Crude for Teapots (Bloomberg) Asia’s uneven oil demand recovery has been headlined by China and India, but the Covid-19 comeback that’s swept through other key fuel-consuming nations is complicating a return to pre-pandemic levels. It’s a flare-up that’s had varying impacts, but there are emerging signs …

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