FIS Fuel Oil Morning Report 11/06/21

At 10.50 am Singapore time (0250 GMT), the ICE August Brent futures contract was down 57 cents/b (0.79%) from the previous settle at $72/b, while the NYMEX July light sweet crude contract was down 51 cents/b (0.73%) at $69.83/b. The ICE Brent contract settled at $72.52/b on June 10, the highest in over a year after …

FIS Morning Report Tanker FFA 11-06-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Buffer Not All It Seems; IEA Report (Bloomberg) As oil demand roars back from the pandemic shock, the world may soon clamor for more crude from OPEC+. But the coalition doesn’t have all the barrels it’s advertising. On paper, the alliance will still have a gigantic 5.8 million barrels …