Author archives: Edward Hutton

FIS Morning Report Tanker FFA 21-07-21

News Headlines: OIL DAYBOOK EUROPE: BHP Considers Petroleum Exit; EIA Report (Bloomberg) BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter. OIL FUTURES: Oil Renews Decline as U.S. Inventories Expand and Delta Spreads Please click …

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FIS Singapore Iron Ore Derivatives Report 20/07/21

Market Commentary Iron ore futures advanced on Tuesday despite of concerns over faltering Chinese demand as the world’s biggest miners signalled a complex supply outlook. Brazil’s Vale, the world’s second largest iron ore producer, churned out 75.7 million metric tonnes in the second quarter, falling short of analyst’s average estimate of 78 million metric tonnes. …

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FIS Fuel Oil Morning Report 20/07/21

Brent crude gained 1 cent to $68.63 a barrel by 0412 GMT. The U.S. crude contract for August delivery, which expires later on Tuesday, was up 15 cents at $66.57 a barrel. U.S. crude for September delivery was up around 9 cents at $66.44 a barrel.   The selloff on Brent yesterday was largely triggered …

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