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 …