FIS Singapore Iron Ore Derivatives Report 13/05/21

Iron Ore Market Update     Market Commentary Iron ore futures declined sharply on Thursday over mounting inflation concerns as well as fears that China will step up its efforts to control raw material costs. Iron ore has endured one of its most volatile weeks to date, surging to unprecedented $233 on Wednesday amid robust …

Fuel Oil Morning Report 13/05/21

Brent crude was down 66 cents, or 1%, at $68.66 a barrel by 0444 GMT, after gaining 1% on Wednesday. West Texas Intermediate (WTI) was down 67 cents, or 1%, to $65.41 a barrel, having risen 1.2% in the previous session.   EIA week ending 5/7 Crude oil: -0.4M Gasoline: +0.4M Distillates: -1.7M Refiner utilz: …