Category archives: News

Daily Virtual Steel Mill Report 4/6/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         Ministry of Commerce: we will continue to ensure the supply and price of commodities, promote diversifying on import commodities, strengthen international cooperation, and build a mutual benefit and stable trade channel for commodities. At the same time, we should strengthen the cooperation between …

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FIS Fuel Oil Morning Report 04/06/21

At 11:06 am Singapore time (0306 GMT), the ICE Brent August contract was down 26 cents/b (0.36%) from the previous settle at $71.05/b, while the July NYMEX light sweet crude contract was down 19 cents/b (0.28%) at $68.62/b.   EIA week ending 5/28 Crude oil: -5.1M Gasoline: +1.5M Distillates: +3.7M Refiner utilz: 88.7% Impld mogas …

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FIS Morning Report Tanker FFA 04-06-21

News Headlines: OIL DAYBOOK EUROPE: Saudis Increase Oil Prices for Asia; OPEC+ (Bloomberg) Saudi Arabia increased oil prices for customers in its main market of Asia by more than expected after Brent topped $70 a barrel and OPEC forecast global demand would outstrip supply over the rest of the year.     UN Urges Yemen’s …

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