Author archives: Edward Hutton

FIS Fuel Oil Morning Report 22/07/21

At 10:44 am Singapore time (0244 GMT), the ICE September Brent futures contract was down 28 cents/b (0.39%) from the previous close at $71.95/b, while the NYMEX September light sweet crude contract was down 23 cents/b (0.33%) at $70.07/b.   EIA week ending 7/16 Crude oil: +2.1M Gasoline: -0.1M Distillates: -1.3M Refiner utilz: 91.4% Impld …

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FIS Morning Report Tanker FFA – 22-07-21

News Headlines: OIL DAYBOOK EUROPE: China Offers Crude Reserves; Brent Overhaul (Bloomberg) China supplied oil from its strategic state- run inventories to the country’s largest refiners earlier this month in a bid to quell a price rally. The Strategic Petroleum Reserve supplied about 3 million tons, or 22 million barrels, to the processors, according to …

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