Monthly archives: July 2020
Oil Through the Looking Glass 21/7/20
Hedge Funds Pretty Flat on Oil Money managers seem to be staying clear of any new significant purchases of oil, or perhaps they have all taken a synchronised holiday, as purchases dropped to and equivalent 24 million bbls of futures and options, up slightly from 21 million the previous week, but still not really making …
Steel & Scrap Morning Report
FIS Fuel Oil Morning Report 21/07/2020
At 2:27 am GMT, Brent futures were up 7 cents/b, or 0.16%, at $43.35/b, while WTI was up by 6 cents/b, or 0.15%, at $40.87/b, and it has continued to rise into the European trading hours. Prices were offered support by positive news on the development of vaccines as pharmaceuticals and medical institutions are …
