Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 30/09/21

Market Commentary Iron ore futures surged to as high as $128 in Asia on Thursday as traders locked in purchases ahead of the “golden week” holiday. Some traders were thought to be making last-ditched efforts to replenish their stocks, driving up prices in the process. “Iron ore is showing quite a clear rebound because mills …

Continue reading “FIS Singapore Iron Ore Derivatives Report 30/09/21”

FIS Morning Report Tanker FFA 30 – 09 -21

News Headlines: OIL DAYBOOK EUROPE: U.K. Fuel Crisis Starting to Ease; Enbridge (Bloomberg) The U.K. oil industry said the nation’s fuel crisis is easing after the government deployed additional tankers and put the army on standby to drive trucks. After days of chaos, with long lines of motorists blocking traffic at fuel pumps, the government …

Continue reading “FIS Morning Report Tanker FFA 30 – 09 -21”

FIS Fuel Oil Morning Report 30/09/21

At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was down 24 cents/b (0.31%) from the previous close at $78.40/b, while the NYMEX November light sweet crude contract was 5 cents/b (0.05%) lower at $74.78/b.   EIA weekly data Crude stocks +4.578M Gasoline stocks +0.193M Distillate stocks +0.384M Cushing stocks +0.131M …

Continue reading “FIS Fuel Oil Morning Report 30/09/21”