Category archives: News

FIS Fuel Oil Morning Report 06/08/2020

Good morning. Brent futures rose 9 cents or nearly 0.2% to $45.25 by 4:36 am GMT, while WTI futures eased 3 cents, or 0.1%, to $42.16 a barrel. Global COVID-19 cases stand at 18,727, 700, while total deaths had exceeded the 700,000 mark, according to data from John Hopkins University. While the number of daily …

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FIS CASTAWAY – EPISODE 19

What is going on with this iron ore market? How come freight is flying again? Why is nothing moving on oil? Memes aside, join the team to discuss the week’s movements and idiosyncrasies. Available now on the FIS website (www.freightinvestorservices.com/media ) Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242 Disclaimer: This podcast is a marketing communication and is not based upon …

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Speculation sees iron ore advance above $112/tonne

Iron ore futures advanced above $112 a tonne on Wednesday amidst of fresh waves of speculative trading seen in the market. Rebar and iron ore were supported after hearing that steel inventory is down this week. Steel inventory data by Mysteel is due to be released tomorrow. At the same time, there are signs that …

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