FIS Fuel Oil Morning Report 07/06/21

Brent futures settled at $71.31 a barrel, down 4 cents after touching its highest since May 2019 earlier in the session. U.S. crude settled at $68.81 a barrel, losing 2 cents. WTI prices rose as high as $69.40, the strongest since October 2018, after gaining 1.5% in the previous session.   U.S. crude inventories dropped …

FIS Morning Report Tanker FFA 07-06-2021

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Seems in Control of Market (Bloomberg) OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, Oil Dips After Topping $70 as Investors Assess Demand Outlook     EUROPE OIL PRODUCTS: Jet Tankers Divert; More Flights Take Off (Bloomberg) Two tankers laden with jet fuel …