Capesize Technical Report (downside moves should be considered as countertrend) 05/10/21

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RE: FIS Morning Report Tanker FFA 05-10-21

News Headlines: OIL DAYBOOK EUROPE: Aramco Says Gas Crisis Boosting Crude Demand (Bloomberg) Saudi Aramco said the natural-gas crisis was already boosting oil demand. Crude consumption has gained by around 500,000 barrels a day, said Amin Nasser, chief executive officer of the world’s biggest oil company. That’s more than the output boost agreed by OPEC+ …

RE: FIS Morning Report Tanker FFA 04-10-21

News Headlines: OIL DAYBOOK EUROPE: Vitol Says OPEC+ Will Drive Prices; Meeting (Bloomberg) The OPEC+ cartel’s production policy will be the main factor influencing oil prices over the coming months, according to Vitol Group. There’s little chance of Iranian barrels returning to global markets this year and U.S. shale producers aren’t investing enough to raise …