Morning Fuel Oil 25/08/21

Morning Oil Report     Brent crude futures dropped 25 cents, or 0.4%, to $70.80 a barrel by 0525 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 28 cents, or 0.4%, to $67.26. Both benchmark contracts rose by about 8% over the previous two days, erasing most of the slump from a seven-day …

Fertilizer Market Report 24/08/21

Please click below to view the report                 For more information please contact     FIS     info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …

Tanker Morning Report 25/08/21

News Headlines:     Oil retreats after two-day rally on supply issues (Reuters)     Oil prices fell on Wednesday, taking a breather after a strong rally this week spurred by the loss of a quarter of Mexico’s production and signs that China, the world’s biggest importer, has curbed a recent coronavirus outbreak. ANZ commodity …

Singapore Iron Ore Derivatives 24/08/21

Iron Ore Market Update   Market Commentary   Iron ore rebounded to near $150 as market sentiment has improved ahead of the peak seasonality. Rebar production in China rose by 1.1% during the 12-18 August period to 3.25 million metric tonnes, data by Mysteel showed. The increase in rebar production was due to preparation for …

ENGINE: Global Physical Bunker Market Update 24/8/21

Global bunker prices have extended yesterday’s gains, as Brent adds 4% on the day.   Changes in the day to 08.00 GMT today: VLSFO prices up in Singapore ($17/mt), Gibraltar ($15/mt), Fujairah ($13/mt), Rotterdam ($7/mt) and down in Houston ($15/mt) LSMGO prices up in Singapore ($23/mt), Rotterdam and Gibraltar ($12/mt), Fujairah ($11/mt), and down in …