Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 07/09/21

Market Commentary Iron ore rebounded on Tuesday on concerns that the world’s top producers may miss annual export guidance, while there are also market talks of increased usage of higher-grade fines. Supply guidance from major iron ore producers may be under threat due to coronavirus restrictions. UBS Group forecast Vale SA and Rio Tinto Group may miss …

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FIS Fuel Oil Morning Report 07/09/21

Brent crude futures for November rose 31 cents, or 0.4%, to $72.53 a barrel by 0452 GMT, after falling 39 cents on Monday. U.S. West Texas Intermediate crude for October was at $69.14 a barrel, down 15 cents, or 0.2%, from Friday’s close, with no settlement price for Monday due to Labor Day holiday in …

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FIS Morning Report Tanker FFA 07-09-21

News Headlines: OIL DAYBOOK EUROPE: China’s Crude Imports Jump; Ida Hits Output (Bloomberg) China’s overseas crude inflows rose to a five-month high after private refiners were allocated new import quotas and as cargoes that were delayed by a typhoon were finally delivered. * OIL FUTURES: Oil Holds Losses as Investors Assess Outlook Clouded by Covid-19 …

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