FIS Fuel Oil Morning Report 07/10/21

At 11:08 am Singapore time (0308 GMT), the ICE December Brent futures contract was down 49 cents/b (0.6%) from the previous close at $80.59/b, while the NYMEX November light sweet crude contract was 76 cents/b (0.98%) lower at $76.67/b.   EIA week ending 10/1 Crude oil: +2.3M Gasoline: +3.3M Distillates: -0.4M Refiner utilz: 89.6% Impld …

FIS Morning Report Tanker FFA 07 -10-21

News Headlines: OIL DAYBOOK EUROPE: Oil Market Needs Half-Trillion in Investment (Bloomberg) Oil explorers need to raise drilling budgets by 54% to more than half a trillion dollars to forestall a significant supply deficit in the next few years, according to Moody’s Investors Service Inc. * OIL FUTURES: Oil Holds Decline as Energy Crunch Fears …

ENGINE: Americas Bunker Fuel Market Update 06/10/21

Bunker prices have come down from multi-month highs in the Americas, and Vancouver’s prices have risen against other ports along the North American coast.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices down in Houston and Zona Comun ($12/mt), Balboa ($11/mt), New York and Los Angeles ($10/mt) LSMGO prices …