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Author archives: Edward Hutton
Fuel Oil Daily Evening Report 28/09/21
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Iron Ore Oct 21 (rolling front month) 28/09/21
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Brent Daily technical 28/09/21
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FIS Singapore Iron Ore Derivatives Report 28/09/21
Market Commentary Iron ore futures slumped to near-$110 as China’s power crisis intensifies, dampening the consumption outlook for the raw material. China’s industrial sector is facing a power crunch that limits operations of steel works. According to Mysteel, over 80 steel mills in September suspended production for maintenance as some northern provinces have imposed power …
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Oil and Ore Intraday Morning Technical 28/09/21
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Freight Morning Technical 28/09/21
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Base Morning Intraday Note 28/09/21
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FIS Morning Report Tanker FFA 28-09-21
News Headlines: OIL DAYBOOK EUROPE: BP Sees Pre-Virus Demand Return in 3Q 2022 (Bloomberg) Global oil consumption is expected to return to pre-pandemic levels in the third quarter of 2022, with Asia continuing as the center for oil-product demand growth, according to BP Plc. Stockpiles of crude and most products returned to normal levels by …
FIS Fuel Oil Morning Report 28/09/21
At 10:20 am Singapore time (0220 GMT), the ICE November Brent futures contract was up 22 cents/b (0.28%) from the previous close at $79.75/b, while the NYMEX November light sweet crude contract was 25 cents/b (0.33%) higher at $75.70/b. The catalyst driving oil prices strength continues to be the bullish demand outlook and near-term …