Category archives: Products

FIS Fuel Oil Morning Report 11/06/21

At 10.50 am Singapore time (0250 GMT), the ICE August Brent futures contract was down 57 cents/b (0.79%) from the previous settle at $72/b, while the NYMEX July light sweet crude contract was down 51 cents/b (0.73%) at $69.83/b. The ICE Brent contract settled at $72.52/b on June 10, the highest in over a year after …

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FIS Morning Report Tanker FFA 11-06-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Buffer Not All It Seems; IEA Report (Bloomberg) As oil demand roars back from the pandemic shock, the world may soon clamor for more crude from OPEC+. But the coalition doesn’t have all the barrels it’s advertising. On paper, the alliance will still have a gigantic 5.8 million barrels …

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Daily Virtual Steel Mill Report 11/6/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         U.S. May CPI up 5% y-o-y, created the biggest single month increase during the past 13 years. Because the economy boost stimulate the travel services and second-hand automobile price. The strong data partially due to the soft economic data base in last year …

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