News Headlines: OIL DAYBOOK EUROPE: Shell’s Storm Damage Spurs Replacement Hunt (Bloomberg) Royal Dutch Shell Plc warned that production from two of its largest Gulf of Mexico fields won’t resume until next year after Hurricane Ida inflicted “significant structural damage.” That’s led to crude tankers from Mexico, Iraq and Brazil lining up to take advantage …
Tag archives: WF
Morning Tanker Report 20/9/21
News Headlines: Oil down on stronger greenback, rising U.S. rig count (Reuters) Oil prices dropped on Monday, extending last week’s losses after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico output stayed offline in the wake of two hurricanes. …
FIS Morning Report Tanker FFA 16-09-21
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FIS Morning Report Tanker FFA 15-09-21
News Headlines: OIL DAYBOOK EUROPE: China’s Move to Curb Prices Has Market Wary (Bloomberg) China’s first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices. * OIL FUTURES: Oil Extends Gains as Industry Report Shows Slump …
Morning Report Tanker FFA 14/09/21
News Headlines: OIL DAYBOOK EUROPE: Oil Glut Is All But Gone; Hurricane Threat (Bloomberg) Global crude inventories that ballooned during the pandemic have shrunk to the lowest level in 20 months as an economic rebound in top consumers China and the U.S. drives a robust recovery in fuel demand. * OIL FUTURES: Oil Rallies as …
FIS Morning Report Tanker FFA 13-09-21
News Headlines: OIL DAYBOOK EUROPE: Vitol Says Ida’s Impact Bullish for Prices (Bloomberg) The aftermath of Hurricane Ida has left about 1.1 million barrels of daily crude production shuttered in the U.S. Gulf of Mexico and it’s unclear when that output will return, a bullish sign for oil prices, according to Vitol Group. * OIL …
FIS Morning Report Tanker FFA 10-09-21
News Headlines: OIL DAYBOOK EUROPE: China Confirms Sale of Reserves; Ida Impact (Bloomberg) China made an unprecedented intervention in the global oil market, releasing crude from its strategic reserve for the first time with the explicit aim of lowering prices. The announcement comes amid surging energy costs in China, not just for oil but also …
FIS Morning Report Tanker FFA 09-09-21
News Headlines: OIL DAYBOOK EUROPE: Top Guzzlers Surpass Pre-Pandemic Demand (Bloomberg) Some of the world’s biggest economies are seeing oil consumption turn the corner and even surpass pre- pandemic levels as falling Covid-19 infection rates drive a recovery in activity. * OIL FUTURES: Oil Holds Gain With Hurricane Impact on Supply Still Lingering. …
FIS Castaway Podcast – Episode 71 08/09/21
FIS Castaway Podcast – Episode 71 Where will these markets go? Freight, iron ore and oil get the technical treatment, with our Senior Technical Analyst Ed Hutton in this week’s podcast. Listen Below: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-71/ Spotify – https://open.spotify.com/episode/3q2iLyHcb4DkxZVE7BBz75?si=P1I8wE9qQs-dfiSI9AjMuw&dl_branch=1 iTunes – https://podcasts.apple.com/gb/podcast/episode-71/id1507094242?i=1000534685465 Disclaimer: This …
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FIS Morning Report Tanker FFA 08-09-21
News Headlines: OIL DAYBOOK EUROPE: Iran Signals No Let Up to Atomic Escalation (Bloomberg) Iran’s new government continued to dramatically increase production of highly-enriched uranium while failing to resume full cooperation with international monitors, signaling a new round of escalation awaits officials when they convene this month to discuss the country’s atomic program. * OIL …