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 …
Tag archives: WF
FIS Morning Report Tanker FFA 06 -10-21
News Headlines: OIL DAYBOOK EUROPE: Saudis Cut Price to Asia; U.S. Supplies Grow (Bloomberg) Saudi Arabia reduced prices for all crudes destined to Asia, its biggest market, after OPEC+’s decision to keep slow production increases sent oil futures surging. * OIL FUTURES: Oil Steadies Near Seven-Year High as Stockpiles Grow Please click below to view …
RE: FIS Morning Report Tanker FFA 05-10-21
News Headlines: OIL DAYBOOK EUROPE: Aramco Says Gas Crisis Boosting Crude Demand (Bloomberg) Saudi Aramco said the natural-gas crisis was already boosting oil demand. Crude consumption has gained by around 500,000 barrels a day, said Amin Nasser, chief executive officer of the world’s biggest oil company. That’s more than the output boost agreed by OPEC+ …
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RE: FIS Morning Report Tanker FFA 04-10-21
News Headlines: OIL DAYBOOK EUROPE: Vitol Says OPEC+ Will Drive Prices; Meeting (Bloomberg) The OPEC+ cartel’s production policy will be the main factor influencing oil prices over the coming months, according to Vitol Group. There’s little chance of Iranian barrels returning to global markets this year and U.S. shale producers aren’t investing enough to raise …
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FIS Morning Report Tanker FFA 30 – 09 -21
News Headlines: OIL DAYBOOK EUROPE: U.K. Fuel Crisis Starting to Ease; Enbridge (Bloomberg) The U.K. oil industry said the nation’s fuel crisis is easing after the government deployed additional tankers and put the army on standby to drive trucks. After days of chaos, with long lines of motorists blocking traffic at fuel pumps, the government …
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FIS Castaway Podcast – Episode 74 – Lunar Cape Rates 29/09/21
FIS Castaway Podcast – Episode 74 – Lunar Cape Rates A short, sharp update this week as we discuss the jump in oil prices, the bounceback on iron ore, and of course the Capesize rates having gone to the Moon, on FIS Castaway. Listen Below: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-74/ Spotify – https://open.spotify.com/episode/6FbjHwA4rYivj302T3Twb3 iTunes – https://podcasts.apple.com/gb/podcast/episode-74-lunar-cape-rates/id1507094242?i=1000536997415
FIS Morning Report Tanker FFA 29-09-21
OIL DAYBOOK EUROPE: Libya Wants U.S. Firms to Help Boost Output (Bloomberg) Libya wants U.S. oil companies to return to the war-torn OPEC nation and help it raise output rapidly. “I would like to personally encourage foreign companies, especially those from the U.S., to come back,” Oil Minister Mohamed Oun said in an interview in …
FIS Morning Report Tanker FFA 28-09-21
News Headlines: OIL DAYBOOK EUROPE: BP Sees Pre-Virus Demand Return in 3Q 2022 (Bloomberg) Global oil consumption is expected to return to pre-pandemic levels in the third quarter of 2022, with Asia continuing as the center for oil-product demand growth, according to BP Plc. Stockpiles of crude and most products returned to normal levels by …
FIS Morning Report Tanker FFA 27-09-21
News Headlines: OIL DAYBOOK EUROPE: More BP Stations Run Out of Fuel; APPEC (Bloomberg) BP Plc, the second-largest fuel retailer in the U.K., said it has run out of the main grades at almost a third of its stations in the country after days of panic buying “With the intense demand seen over the past …
Morning Tanker Report 24/9/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630