Monthly archives: August 2021

Morning Fuel Oil 19/08/21

Morning Oil Report   At 10:32 am Singapore time (0232 GMT), the ICE October Brent futures contract was down $1.03/b (1.51%) from the previous close at $67.18/b, while the NYMEX September light sweet crude contract fell $1.07/b (1.63%) at $64.39/b.   EIA week ending 8/13 Crude oil: -3.2M Gasoline: +0.7M Distillates: -2.7M Refiner utilz: 92.2% …

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Tanker Morning Report 19/08/21

News Headlines:     Tanker Market in the Doldrums As Owners Lose Liquidity By the Day (Hellenic) In stark contrast to the dry bulk and container segments which have been rallying for much of 2021, the tanker market is more than lackluster. Owners have seen their liquidity drained, as earnings have remained below OPEX levels …

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ENGINE: Global Bunker Fuel Market Update 18/08/21

ENGINE: Global Bunker Fuel Market Update     Global bunker prices are moving in mixed directions today, while Brent prices have dropped further on the day.     Changes in the day to 08.00 GMT today: VLSFO prices down in Singapore and Gibraltar ($1/mt), up in Fujairah ($1/mt), Rotterdam ($3/mt) and Houston ($7/mt)   LSMGO …

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Singapore Iron Ore Derivatives 18/08/21

Iron Ore Market Update   Market Commentary Iron ore futures plunged below $150 as investors once again turned their focus to China’s wavering demand after the BHP Group warned against the risks of further steel output cuts. In its commodities outlook report, the Australian miner warned that the “increasing likelihood of stern cuts to steel …

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