Monthly archives: November 2021

Morning Oil and Products Report 17/11/21

At 11:24 am Singapore time (0324 GMT), the ICE January Brent futures contract was down 63 cents/b (0.76%) from the previous close at $81.80/b, while the NYMEX December light sweet crude contract fell by 67 cents/b (0.83%) to $80.09/b.   API Crude +0.655m Gasoline -2.792m Distillate +107k   Data from the American Petroleum Institute industry …

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Daily Virtual Steel Mill Report 17/11/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         European statistic bureau: 19 member countries at Euro Zone economy growth rate up 3.75 compared to Q3 of last year, indicated a strong recover after the pandemic. ·         China and U.S. internet conference revealed a friendly signal of the trades and relations between the two countries …

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Evening Tanker FFA Report 16/11/2021

  Trades Recap: A quiet day for TC2 with just the Dec trading down a point to 155. TC5 Dec came under pressure with 136 trading early in the day, down to 134 then 132 later. Cal22 came off slightly with 27$/mt then 26.80$/mt trading. TC6 was busier again, with Dec trading flat at 195, …

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ENGINE: Americas Bunker Fuel Market Update 16/11/21

Bunker prices have mostly moved against Brent’s rise, while Zona Comun and Houston’s prices have gained with Brent values.    Changes on the day to 08.30 CST (14.30 GMT) today:  VLSFO prices up in Zona Comun ($37/mt) and Houston ($6/mt), and down in Los Angeles ($30/mt), Balboa ($12/mt) and New York ($4/mt)  LSMGO prices up …

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