Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 02/06/21

Iron Ore Market Update Market Commentary Iron ore futures were largely unchanged on Wednesday as traders looked to policymakers in China for direction. Iron ore eased off to $196 in Asia as China reiterated its commitment to crack down on surging commodities prices. China’s Market Supervision Agency said that it will closely monitor the volatility …

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FIS Castaway Podcast – Episode 57 02/06/21

    FIS Castaway Podcast – Episode 57   All aboard the Commodity Express as we talk about the movers and shakers from the rollercoaster of freight and commodity markets this week.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-57/   Spotify https://open.spotify.com/episode/3Tu7McT76931ui6fgHrGq4?si=2Upof0N_Toq57n5yN69bVA   iTunes https://podcasts.apple.com/gb/podcast/episode-57/id1507094242?i=1000523903988         Disclaimer: This podcast is a marketing communication and is …

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FIS Fuel Oil Morning Report 02/06/21

Brent crude futures for August settled up 93 cents, or 1.3%, to $70.25 a barrel after hitting $71 earlier in the session – its highest intra-day price since March 8. U.S. West Texas Intermediate crude for July was up $1.40, or 2.1%, to $67.72. As widely expected OPEC+ confirmed yesterday that they will go ahead …

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FIS Morning Report Tanker FFA 02-06-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Gives Little Away; Iran Talks Extended (Bloomberg) OPEC+ left crude consumers in limbo, sticking to its plan of monthly output increases until July but refused to give any hints about further moves until there’s clear evidence more oil is needed.     (Saudi Up 500,000 Barrels a Day; China …

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