Author archives: Edward Hutton

Iron Ore Offshore Nov 20 Morning Technical Comment – 240 Min Chart (rolling contract)

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Morning Oil Report 02/11/20

Brent crude futures for January dropped $1.34, or 3.5%, to $36.60 a barrel by 0410 GMT, while U.S. WTI futures fell $1.41, or 3.9%, to $34.38. Brent ICE futures lost just under 10% for the week as the market looks to try to absorb increasing supply gluts.   Without the risk of sounding repetitive, the …

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