FIS Fuel Oil Morning Report 31/03/21

Brent crude futures rose 15 cents, or 0.2%, to $64.29 a barrel at 0202 GMT, after falling 1.3% on Tuesday before pushing to $64.60 by 0730BST. U.S. West Texas Intermediate (WTI) crude futures jumped 15 cents, or 0.3%, to $60.70 a barrel, after falling 1.6% in the previous session.   Tomorrow marks the day the …

FIS Fuel Oil Morning Report 30/03/21

Brent crude was down 15 cents, or 0.2%, at $64.83 a barrel by 0615 GMT, after gaining 0.6% on Monday. U.S. oil was down 1 cent at $61.55 a barrel, having fallen 1% in the previous session.   Shipping in the Suez Canal resumed late on Monday night after the vessel Ever Given was removed …

FIS Fuel Oil Morning Report 29/03/21

Brent oil was down $1.38, or 2.1%, at $63.19 a barrel by 0511 GMT. U.S. crude fell 1.48 cents, or 2.4%, to $59.49 a barrel.   New over the weekend was seemingly dominated by the ongoing situation in the Suez Canal, that is disrupting Trade flows through Egypt, between Europe and Asia. Overnight on Sunday, …