Brent crude for December slipped 15 cents, or 0.4%, to $42.78 a barrel by 0405 GMT. WTI for November was at $40.70 a barrel, down 18 cents. The fall in oil was sparked by the smaller than expected rise in economic growth in China, with the underlying cause for concern being the increasing global coronavirus …
Author archives: Edward Hutton
European Close 16-10-20
Is the market taking a rest, or is it bullish? This is the question that traders need to ask when looking at the iron ore. Four bearish days have been capped by two bullish days (one bullish and a push into the night session) with the futures up 1.6% at USD 116.76, this would suggest …
London Iron Ore Market Report
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Fuel Oil Daily Evening Report
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Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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Oil Through the Looking Glass 16/10/20
*Oil Continues Negative Move on Covid Worries* New restrictions across the globe are being introduced as Covid-19 resurges and cases are increasing. This had led to renewed concerns about the outlook for economic growth and therefore the demand for oil and products. Reuters noted that top oil traders Vitol, Trafigura and Gunvor were seeing a …
Freight Intraday Morning Technical
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Daily Agri – Freight Report
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Fertilizer Financial Markets Commentary/Curves
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