FIS Morning Report Tanker FFA 07-07-21

News Headlines: OIL DAYBOOK EUROPE: Shale Rushes to Lock In Price Rally; OPEC+ (Bloomberg) As soon as OPEC+ negotiations fell apart on Monday, stoking fears of a supply squeeze and sending oil prices soaring, U.S. shale executives began hitting the phones. They were securing hedges — locking in prices for the oil they plan to …

FIS Morning Report Tanker FFA 06-07-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ in Crisis as Members Abandon Meeting (Bloomberg) OPEC+ was plunged into a crisis as a worsening fight between Saudi Arabia and the United Arab Emirates blocked an oil-supply increase. What happens next will determine whether the breakdown of talks– which sent Brent crude climbing toward $80 a barrel — …

FIS Morning Report Tanker FFA 05-07-21

News Headlines: Oil steady as OPEC+ seeks to break impasse over supply (Reuters) Oil prices were steady on Monday with investors and traders awaiting crucial talks by OPEC+ following disagreement over output within the group that could lead to major producers pumping up volumes to grab market share.   Record 8% of all ships predicted …

FIS Morning Report Tanker FFA 02-07-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Supply Hike in Jeopardy as UAE Rebels (Bloomberg) In an unexpected turn of events at the OPEC+ meeting, the United Arab Emirates blocked a preliminary deal on output increases, prompting the group to postpone its meeting and casting doubt on an agreement that could ease a surge in oil …

FIS Morning Report Tanker FFA 01-07-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Ministers Meet to Debate Output Hike (Bloomberg) OPEC+ ministers will meet later on Thursday to decide whether to hike output in August or September, or hold off for a while longer. While Russia is leaning toward opening the taps, Saudi Arabia is sounding cautious. Shale Will Wait for OPEC …

FIS Castaway Podcast – Episode 61 30/06/21

    FIS Castaway Podcast – Episode 61 – Emissions Special   Emissions contracts, what are they good for? Absolutely everything. Alongside our usual market updates we delve into the world of carbon emissions with Alex Moore.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-61-emissions-special/   Spotify https://open.spotify.com/episode/7DgpPwGCmyxL4Vmh2j2u56?si=oOFD_MCfTUWc0HBKvHc24Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-61-emissions-special/id1507094242?i=1000527347421       Disclaimer: This podcast is a …

FIS Morning Report Tanker FFA 30-06-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Delays Minister Talks to Bridge Divide (Bloomberg) OPEC and its allies delayed preliminary talks between ministers by a day to allow members more time to resolve differences, according to delegates. OIL FUTURES: Oil Set for Best Half Since 2009 as Recovery Accelerates.   Europe’s Imports of Clean Fuels from …

FIS Morning Report Tanker FFA 29-06-21

  News Headlines: OIL DAYBOOK EUROPE: Saudis May Increase Arab Light OSP to Asia (Bloomberg) Saudi Aramco is expected to increase the price of Arab Light crude by 65 cents a barrel for August sales to Asian customers. OIL FUTURES: Oil Below $73 on Demand Concern Before OPEC+ Meet.     TANKER WEEKLY WRAP: WAF …

FIS Morning Report Tanker FFA 28-06-21

News Headlines: OIL DAYBOOK EUROPE: Asia Biggest Export Refiners May Cut Runs (Bloomberg) Some of Asia’s biggest export-focused oil refiners are looking at cutting processing rates as a Covid-19 comeback crimps demand in parts of the region, and as China and India flood the market with excess fuel.     Oil Steady Near $74 With …

FIS Morning Report Tanker FFA 25-06-21

News Headlines: UAE Could Become First OPEC Producer To Pledge Net-Zero By 2050 (OilPrice) If the Gulf oil producer joins major industrialized nations in the net-zero emissions commitments, it will become the first major petrostate to balance major emission-reduction goals with its important oil and gas industry. Around 30 percent of the country’s gross domestic …