Author archives: Edward Hutton

Singapore Iron Ore Derivatives Report 18/05/21

Market Commentary Iron ore futures remained well-supported amid robust Chinese demand while a weaker dollar also supported the dollar-denominated iron ore prices. Mills in China continued to churn out steel at record pace despite government attempts to rein in output from last year’s record of over 1 billion tonnes. According to the latest figures released …

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FIS Fuel Oil Morning Report 18/05/21

Brent crude oil futures were up 19 cents, or 0.3%, at $69.65 a barrel by 0517 GMT, while West Texas Intermediate (WTI) was up 18 cents, or 0.3%, at $66.45 a barrel. Both contracts rose more than 1% on Monday.   Oil exports from OPEC+ have surged by over 1 million barrels per day in …

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FIS Morning Report Tanker FFA 18-05-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Travel Rebound Leading Jet Fuel’s Surge (Bloomberg) U.S. airports are the busiest since the pandemic began — the strongest sign yet of a domestic travel revival     TANKER WEEKLY WRAP (Bloomberg) U.S. GULF-to-EUROPE CRUDE: May Flows at 9-Month High; Demand Up EUROPE-to-AMERICAS: Flows Hit 6-Week High After Pipeline …

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