Oil Through the Looking Glass 12.11.2020

*Oil Falls After IEA Cast Doubt on Quick Demand Recovery* The IEA have casted doubt over the recovery of oil demand amid surging infection across Europe and America, with the UK being the first country to reach the miles stone of 50,000 deaths. New York has ordered bars and restaurants to close early as cases …

FIS Fuel Oil Morning Report 12/11/2020

Brent crude futures rose 18 cents, or 0.37%, to $43.97 a barrel at 0726GMT after the bullish sentiment that has been floating around most markets over the past week due to the news of a vaccine that has been tested to be 90% effective.   News from the Algerian Energy minister says that OPEC+ current …