News Headlines: U.S. demand for oil surges, depleting tanks in Oklahoma (Reuters) Crude oil tanks at the Cushing, Oklahoma storage hub are more depleted than they have been in the last three years, and prices of further dated oil contracts suggest they will stay lower for months. U.S. demand for crude among refiners making …
Tag archives: WF
Morning Tanker FFA Report 26/10/21
News Headlines: Oil drops ahead of stock data, Iran talks (Reuters) Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a rally driven by strong demand in the United States, the world’s biggest consumer of oil and its products. Brent crude was down 5 …
Morning Tanker FFA Report 25/10/21
News Headlines: Oil prices extend gains to multi-year highs on tight supply (Reuters) Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world as economies pick up from coronavirus pandemic-induced slumps. To view …
FIS Morning Report Tanker FFA 22 -10-21
News Headlines: OIL DAYBOOK EUROPE: Biden Says Gasoline Prices Will Remain High (Bloomberg) President Joe Biden said that Americans should expect high gasoline prices to continue into next year because of policies by OPEC and other foreign oil producers. “That’s because of the supply being withheld by OPEC,” the president said during a CNN town …
FIS Morning Report | Tanker FFA – 21 -10-2021
News Headlines: OIL DAYBOOK EUROPE: OPEC+ Powerless to Ease Crisis; U.S. Demand (Bloomberg) Saudi Arabia said any extra oil from OPEC+ would do little to bring down surging natural-gas prices. “We see our role as extremely limited,” Saudi Energy Minister Prince Abdulaziz bin Salman said during the ERA Week India Energy Forum on Wednesday. * …
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Castaway Podcast – Ep. 76
Hi5! It’s rocketing and putting a smile on scrubber owners’ faces, hear about this and what is happening in the freight, oil, and iron ore markets. Click Below to Listen: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-76/ Spotify – https://open.spotify.com/episode/27wLyyO7GboZqgPZuVhBB5?si=2utD_kkPQw6EfmYTLkLKLQ iTunes – https://podcasts.apple.com/gb/podcast/episode-76/id1507094242?i=1000539164120
FIS Morning Report Tanker FFA 20 -10-21
News Headlines: OIL DAYBOOK EUROPE: China Set for Pick-Up in Buying; EIA Data (Bloomberg) China’s independent refiners, known as teapots, are set for crude-buying splurge as they seek to use import quotas before they expire. * OIL FUTURES: Oil Slips From High as Report Shows Stockpiles Up China’s Crude Imports From Oman, Malaysia Climb; Russia …
FIS Morning Report Tanker FFA 19 -10-21
News Headlines: OIL DAYBOOK EUROPE: Energy Crisis Boosts Asian Refiner Profits The global energy crunch is making winners out of oil refiners in Asia as the shortage of gas and coal sparks a rush to secure alternative supplies, lifting industry margins in a revival that’ll stretch into next year. * OIL FUTURES: Oil Steadies Near …
Morning Tanker FFA Report 18/10/21
News Headlines: OIL DAYBOOK EUROPE: Indian Diesel Demand Climbs; OPEC Compliance India’s diesel consumption is gathering pace with the onset of annual festivals, boosting sales to pre- pandemic levels in the first half of October in a sign that the economy is bouncing back. * OIL FUTURES: Oil Extends Gain After Eighth Weekly Advance on …
Morning Tanker FFA Report 15/10/21
(Bloomberg) — China’s state-owned refiners will try to import more diesel as domestic prices skyrocket due to an energy crisis that’s sending shockwaves through global coal and natural gas markets. Diesel prices are at a three-year high in parts of China. * OIL FUTURES: Oil Set for Best Run of Weekly Gains Since 2015 on …