Morning Oil Report 6/11/20

WTI was down $1.06, or 2.7%, at $37.73 a barrel at 0538 GMT, after dropping 0.9% yesterday. Brent crude was off $1.05, or 2.6%, at $39.88, having fallen 0.7% in the previous session. The continuing falls seem to have exacerbated by the ongoing uncertainty in the US surrounding the presidential election, as well as the …

European Close 05/11/20

The Election count is dragging on leaving uncertainty in certain financial sectors. Equities are catching a bid whilst the USD continues to come under pressure, having produced a rejection candle yesterday. For iron ore the market is finding support having traded down to RMB 772 overnight. The offshore futures are seeing a similar pattern, a …

FIS CASTAWAY – EPISODE 31

It’s not looking good for Aussie coal, and as we sit and wait for the US Election result Chris, Tom and Kerry explore the movements in our main commodity markets.     Website https://freightinvestorservices.com/blog/fis-castaway-eps-31-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/0NsTa2G5jyL8yYmz8J83am?si=TohzLlfTTRqItrwRnBK9LQ   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=90aa0ff2-d3ed-e443-a8ed-792db6628550     Disclaimer: This podcast is a marketing communication and is not based upon detailed …