Monthly archives: November 2020

European Close 05/11/20

The Election count is dragging on leaving uncertainty in certain financial sectors. Equities are catching a bid whilst the USD continues to come under pressure, having produced a rejection candle yesterday. For iron ore the market is finding support having traded down to RMB 772 overnight. The offshore futures are seeing a similar pattern, a …

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FIS CASTAWAY – EPISODE 31

It’s not looking good for Aussie coal, and as we sit and wait for the US Election result Chris, Tom and Kerry explore the movements in our main commodity markets.     Website https://freightinvestorservices.com/blog/fis-castaway-eps-31-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/0NsTa2G5jyL8yYmz8J83am?si=TohzLlfTTRqItrwRnBK9LQ   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=90aa0ff2-d3ed-e443-a8ed-792db6628550     Disclaimer: This podcast is a marketing communication and is not based upon detailed …

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Oil Through the Looking Glass 05/11/20

*BP, Iraq In Talks Over Fate of Rumaila’s Oil Output Capacity Boost To 2.1 Mil B/D* BP are in talks with the Iraq’s oil ministry over the potential of increasing output in the Rumaila field, the country’s biggest field to the plateau of 2.1 million barrels per day. BP is the lead contractor for the …

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