FIS Fuel Oil Morning Report 01/07/21

At 10:21 am Singapore time (0221 GMT), the ICE September Brent futures contract was up 30 cents/b (0.40%) from the previous settle at $74.92/b, while the NYMEX August light sweet crude contract was 28 cents/b (0.38%) higher at $73.75/b.   EIA week ending 6/26 Crude oil: -6.7M Gasoline: +1.5M Distillates: -0.9M Refiner utilz: 92.9% Impld …

FIS Morning Report Tanker FFA 01-07-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Ministers Meet to Debate Output Hike (Bloomberg) OPEC+ ministers will meet later on Thursday to decide whether to hike output in August or September, or hold off for a while longer. While Russia is leaning toward opening the taps, Saudi Arabia is sounding cautious. Shale Will Wait for OPEC …