Category archives: Products

Fuel Oil Morning Report 19/05/21

Brent crude futures fell 73 cents, or 1.1%, to $67.98 a barrel at 0452 GMT. It settled 1.1% lower on Tuesday after briefly climbing above $70 earlier in the session. U.S. West Texas Intermediate (WTI) crude futures dropped 77 cents, or 1.2%, to $64.72 a barrel, following a 1.2% fall on Tuesday.   API Crude …

Continue reading “Fuel Oil Morning Report 19/05/21”

Morning Report Tanker FFA 19/05/21

OIL DAYBOOK EUROPE: Talks of an Iranian Breakthrough Dialed Back (Bloomberg) A senior Russian diplomat denied reports that he expects an imminent breakthrough in critical negotiations over restoring the Iranian nuclear deal, after tweets suggesting such an advance triggered a slump in oil prices below $65 as Stockpiles Expand, Iran Talks Cast Shadow.     …

Continue reading “Morning Report Tanker FFA 19/05/21”

Singapore Iron Ore Derivatives Report 18/05/21

Market Commentary Iron ore futures remained well-supported amid robust Chinese demand while a weaker dollar also supported the dollar-denominated iron ore prices. Mills in China continued to churn out steel at record pace despite government attempts to rein in output from last year’s record of over 1 billion tonnes. According to the latest figures released …

Continue reading “Singapore Iron Ore Derivatives Report 18/05/21”