Category archives: News

Oil and Ore Intraday Morning Technical 13/1/21

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Morning Oil Report 13/1/21

Oil prices gained more than 1% on Wednesday, with U.S. crude rising for a seventh day, after industry data showed a bigger than expected drop in inventories and investors shrugged off worsening developments in the pandemic. Anger and uncertainty surrounding the impeachment of the current US president is seemingly have little to no effect on …

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DCE moves flattish amid slow construction steel demand

Iron ore futures had a choppy session today, reaching a peak at the close of the morning session, but only to decline later in the afternoon session. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) however, managed to stay positive and rose slightly by 0.10% on-day or RMB 1 to RMB …

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