Category archives: News

Daily Virtual Steel Mill Report 26/5/21

Market Verdict on Iron Ore： ·         Iron ore short-run bearish. Macro ·         China top economic planning to rein in abnormal fluctuations in commodities price including iron ore, copper, and corn, which was part of broader five-year plan to overhaul various pricing mechanisms. ·         On May 25, CNY against the US dollar mid-rate was 6.4283, up …

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FIS Fuel Oil Morning Report 26/05/21

Brent crude oil futures for July fell 6 cents, or 0.1%, to $68.59 a barrel by 0434 GMT, while U.S. West Texas Intermediate (WTI) crude for July was at $65.92 a barrel, down 15 cents, or 0.2%.   U.S. crude oil and fuel inventories fell last week, said two market sources, citing Tuesday’s American Petroleum …

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FIS Morning Report Tanker FFA 25-05-21

News Headlines: OIL DAYBOOK EUROPE: China Set to Buy More Russian Crude; Iran (Bloomberg) China’s growing appetite for oil is poised to lure crude from Russia’s western ports after a months’-long slump as the cargoes once again compete with Middle East supplies favored by Asia’s refineries.     Three Tanker Stocks Upgraded as Evercore ISI …

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