News Headlines: OIL DAYBOOK EUROPE: Indian Jet Fuel Demand Climbs; U.S. Driving (Bloomberg) People across India are taking to the skies after months stuck in their homes during a deadly Covid-19 wave, driving a spike in demand for jet fuel, the oil product hit hardest by the ongoing pandemic. Americans Keep Driving Despite …
Monthly archives: August 2021
Fertilizer Market Report 25/08/21
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London Coking Coal Market Report 25/08/21
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Capesize & Panamax FFA Daily Report 25/08/21
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Supramax & Handysize FFA Daily Report 25/08/21
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Fuel Oil Daily Evening Report 25/08/21
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London Iron Ore Market Report 25/08/21
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Singapore Iron Ore Derivatives 25/08/21
Iron Ore Market Update Market Commentary Iron ore remained resilient as investors took bets on China not allowing steel demand to collapse while its economic prospects remain uncertain. According to World Steel Association (WSA), China’s steel production dropped by 8.4% year-on-year to 86.8 million metric tonnes in July as China retched up efforts to …
ENGINE: Global Physical Bunker Market Update 25/8/21
Bunker prices are rising for a third day in a row across global bunkering ports, tracking higher Brent crude values. Changes in the day to 08.00 GMT today: VLSFO prices up in Houston ($15/mt), Fujairah ($12/mt), Gibraltar ($11/mt), Singapore ($10/mt) and Rotterdam ($7/mt) LSMGO prices up in Fujairah ($18/mt), Singapore and Gibraltar ($15/mt), Fujairah …
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Morning Steel and Scrap Report 25/8/21
FOB China HRC The index was flat yesterday (24.8.21) at US$910/t, MTD US$923.75/t. People’s Bank of China governor Yi Gang said in a statement that the bank will adjust its credit and loan polices to support small and mid-sized companies. The bank will “increase cash supply modestly to help China’s economy to run …