Brent futures settled at $71.31 a barrel, down 4 cents after touching its highest since May 2019 earlier in the session. U.S. crude settled at $68.81 a barrel, losing 2 cents. WTI prices rose as high as $69.40, the strongest since October 2018, after gaining 1.5% in the previous session. U.S. crude inventories dropped …
Monthly archives: June 2021
FIS Morning Report Tanker FFA 07-06-2021
News Headlines: OIL DAYBOOK EUROPE: OPEC+ Seems in Control of Market (Bloomberg) OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, Oil Dips After Topping $70 as Investors Assess Demand Outlook EUROPE OIL PRODUCTS: Jet Tankers Divert; More Flights Take Off (Bloomberg) Two tankers laden with jet fuel …
London Coking Coal Market Report 04/06/21
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European Close 04/06/21
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Capesize & Panamax FFA Daily Report 04/06/21
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Supramax & Handysize FFA Daily Report 04/06/21
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London Iron Ore Market Report 04/06/21
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Fuel Oil Daily Evening Report 04/06/21
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Panamax Technical Report 04/06/21
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Ferrous trade weekly review 4/6/21
A total of 1.11 million mt of iron ores was traded for the week ended Jun 4, amid softening steel margins due to commodity price control imposed by the Chinese authority. However, benchmark iron ore prices soon found some support after market talks of easing steel output restriction in Tangshan that spurred paper trading and …