Morning Oil Report 29/10/20

Brent crude futures were up 4 cents, or 0.10%, at $39.16 a barrel. U.S. West Texas Intermediate (WTI) crude futures edged up 7 cents, or 0.19%, to $37.46 a barrel by 0517 GMT. Brent lost over 4.5% during Wednesday’s session.   Hurricane Zeta looked like it was about to bring a welcome break in supply …

Oil Through the Looking Glass 28/10/20

*Oil in Reverse as Rise in U.S. Crude Stocks Fans Oversupply Fears* Oil gave up Tuesday’s gains as oversupply hangs over the market given the data from the API that was released showed a 4.6 million barrel crude build, on top of weakening demand from Europe and the US due to rising cases of the …

Tanker News Update 28/10/20

*Libya’s return to greatness* At the end of last week, news broke out that Libya has signed a countrywide ceasefire. The UN-backed this deal overseeing the signing of an agreement for two rival groups to sign the cease-fire on October 23rd.  This end to major conflict within the country along with the lifting of the …

Evening Oil Report 27/10/20

Click below link for the Evening Oil Report       Click below link for the September Monthly Report   https://fisapp.com/wp-content/uploads/2020/10/Monthly-Oil-Report-Sep-2020.pdf     For more information please contact   FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568

London Iron Ore Derivatives Report 27/10/2020

Click below link to view the London Iron Ore Report   https://fisapp.com/wp-content/uploads/2020/10/FIS-Iron-Ore-London-Report-27102020.pdf       For more information please contact FIS Iron Ore Desk ferrous@freightinvestor.com London Number +44 (0) 207 090 1120 Singapore: +65 6535 5189 Shanghai: +86 21 6335 4002

Singapore Iron Ore Derivatives Report 27/10/20

Iron Ore Market Update Market Commentary Iron ore recovered some of the lost ground on Tuesday as investors awaited the outcome of China’s Communist Party plenum. China’s Communist Party plenum will convene this week as party officials will meet and lay out the blueprint for economic and social development targets for 2021-25. Meanwhile, data from …