Fuel Oil Morning Report 20/05/21

At 10:49 am Singapore time (0249 GMT), the ICE Brent July contract rose 5 cents/b (0.08%) from the May 19 settle at $66.71/b, while the June NYMEX light sweet crude contract was up 6 cents/b (0.09%) at $63.41/b.   EIA week ending 5/14 Crude oil: +1.3M Gasoline: -2.0M Distillates: -2.3M Refiner utilz: 86.3% Impld mogas …

Morning Report Tanker FFA 20/05/21

News Headlines: OIL DAYBOOK EUROPE: EU Says Confident Iran Nuclear Deal Is Close (Bloomberg) Iran and the U.S. are close to a deal that will revive the 2015 nuclear accord seeing Brent Oil Steady Near Three-Week Low With Iran Flows in Focus     EUROPE-AMERICAS FUEL: Flows Steady; Gasoline Tankers Skip U.S. (Bloomberg) European refined …

FIS Singapore Iron Ore Derivatives Report 19/05/2021 19/05/21

Iron Ore Market Update Market Commentary Iron ore futures retreated on Wednesday amid declining steel prices as authorities in China stepped up efforts to tame the markets. Mysteel reported that China’s steelmaking hub of Tangshan has announced fresh production curbs which include the suspension of production of all sintering units of steel mills between midnight …