FIS Morning Report Tanker FFA 28-07-21

News Headlines: OIL DAYBOOK EUROPE: ETF Sees Massive Outflow; Refining Outlook (Bloomberg) Investors just pulled a net $128.7 million from one of the world’s biggest oil exchange-traded funds as the spread of the delta variant has slowed oil’s rally.     Oil demand recovery, supply outlook favorable for clean tankers: Ardmore (S&P) Bearish summer expected, …

Daily Capesize Review 26/7/21

Capesize freight rates started sluggish at the start of the week but found supports from typhoon disruption that tightened ship supply. The Baltic Dry Index (BDI) then inched up slightly by 0.34% day-on-day, up 11 points to 3,210 readings, from the firmer freight rates.   Tight vessel supply from bad weathers Trade participants were concerned …

FIS Morning Report Tanker FFA 27-07-21

News Headlines: OIL DAYBOOK EUROPE: Exxon Seeks Arbitration; Adnoc Cuts Supply (Bloomberg) Exxon Mobil Corp. filed for International Chamber of Commerce arbitration against an Iraqi state-owned company after being frustrated in its efforts to sell a stake in the West Qurna-1 oil field     TANKER WEEKLY WRAP: European Fuel Exports to Americas to Dip …