Morning Oil Report 05/01/2022

At 10:05 am Singapore time (0205 GMT), the ICE March Brent futures contract was down 27 cents/b (0.34%) from the previous close at $79.73/b, while the NYMEX February light sweet crude contract was down 24 cents/b (0.31%) at $76.75/b.   OPEC and its Russia-led partners Jan. 4 approved another hike in production quotas, betting the …

Morning Oil Report 31/12/21

Everyone on the FIS Bunker Desk wishes you a very happy and healthy New Year in 2022!   At 10:42 am Singapore time (0242 GMT), the ICE March Brent futures contract was down 89 cents/b (1.12%) from the previous close at $78.64/b, while the NYMEX February light sweet crude contract was down 85 cents/b (1.1%) …

Morning Oil Report 30/12/21

NYMEX February WTI increased 58 cents to settle at $76.56/b, and ICE February Brent rose 29 cents to settle at $79.23/b, after crossing the $80/b threshold earlier in the trading day. NYMEX January RBOB jumped 2.46 cents to settle at $2.2717/gal, and January ultra-low sulphur diesel climbed 64 points at $2.3778/gal.   EIA Report Crude: …