Author archives: Edward Hutton

FIS Singapore Iron Ore Derivatives Report 27/07/21

Market Commentary Iron ore futures were subdued on Tuesday despite mounting supply concerns as investors remain concerned over steel demand outlook. The BHP Group has indicated that Port Hedland, its main export gateway, will undergo a massive maintenance. Meanwhile, its Brazilian counterpart, Vale, said that its new mining projects are like to be delayed while …

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FIS Fuel Oil Morning Report 27/07/21

Brent crude futures climbed 13 cents, or 0.2%, to $74.63 a barrel at 0128 GMT, extending a 0.5% gain on Monday. U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $71.95 a barrel, after losing 16 cents on Monday.   Global travel restrictions across many nations are set to remain in place over …

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FIS Morning Report Tanker FFA 27-07-21

News Headlines: OIL DAYBOOK EUROPE: Exxon Seeks Arbitration; Adnoc Cuts Supply (Bloomberg) Exxon Mobil Corp. filed for International Chamber of Commerce arbitration against an Iraqi state-owned company after being frustrated in its efforts to sell a stake in the West Qurna-1 oil field     TANKER WEEKLY WRAP: European Fuel Exports to Americas to Dip …

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