Author archives: Edward Hutton

FIS Fuel Oil Morning Report 25/06/2021

At 11:00 am Singapore time (0300 GMT), the ICE August Brent futures contract was down 8 cents/b (0.11%) from the previous settle at $75.48/b while the NYMEX August light sweet crude contract was down 6 cents/b (0.08%) at $73.30/b.   There seems to be a multitude of factors that are propping up the oil market …

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FIS Morning Report Tanker FFA 25-06-21

News Headlines: UAE Could Become First OPEC Producer To Pledge Net-Zero By 2050 (OilPrice) If the Gulf oil producer joins major industrialized nations in the net-zero emissions commitments, it will become the first major petrostate to balance major emission-reduction goals with its important oil and gas industry. Around 30 percent of the country’s gross domestic …

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