ENGINE: Americas Bunker Fuel Market Update 27/10/21

Bunker prices have mostly tracked declining Brent values across the Americas, and LSMGO stems have been offered in a wide range in Los Angeles.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices steady in Balboa, and down in Los Angeles ($5/mt), Houston ($4/mt) and New York and Zona Comun ($1/mt) …

Morning Tanker FFA Report 28/10/21

News Headlines:   Investors on board as U.S. oil majors dismiss wind and solar projects (Reuters) HOUSTON/BOSTON, Oct 27 (Reuters) – Top U.S. oil firms are doubling down on drilling, deepening a divide with European rivals on the outlook for renewables, and winning support from big investors who do not expect the stateside companies to …

ENGINE: East of Suez Bunker Fuel Market Update 27/10/21

East of Suez bunker prices have mostly come down with Brent, while Singapore’s LSMGO price has jumped amid higher-priced stems.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price down in Fujairah ($6/mt), Zhoushan ($3/mt) and Singapore ($1/mt)    LSMGO prices up in Singapore ($21/mt), and down in Zhoushan and Fujairah …

ENGINE: Europe & Africa Bunker Fuel Market Update 27/10/21

Rotterdam’s bunker prices have dropped sharply amid declining Brent values, and fuel oil supply has tightened in the port.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($1/mt), and down in Rotterdam ($18/mt) and Gibraltar ($6/mt) LSMGO prices steady in Durban, and down in Rotterdam ($9/mt) and Gibraltar ($1/mt) …

Iron Ore DCE Jan Daily Technical Review 27/10/21

Verdict – Short-term neutral. DCE iron ore January contract tested low in the morning session following the general correction on coal sector. However iron ore went back to its own technical range and became the strongest contract among ferrous complex. Hourly MACD widened above 0 axis. Hourly CCI approached bullish territory. The first support is …