Category archives: Products

FIS Fuel Oil Morning Report 15/07/21

Good morning. Oil prices have come under pressure, with ICE Brent settling more than 2% lower yesterday, and also trading weaker in early-morning trading today. As of 11:05 am Singapore time (0228 GMT), the ICE September Brent futures contract was down 74 cents/b (0.99%) from the previous close at $74.02/b, while the NYMEX August light …

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Iron Ore DCE Sep Daily Technical Review 15/7/21

Verdict – Short-term neutral. DCE iron ore September rebounded for the fourth day of the week, however the high of the day was still below major resistance level around 1152.0. Hourly MACD flattened. Hourly CCI corrected from the bullish area. Hourly slow stochastic KD rebounded slowly. Technical signals were indicating an exhaustion of the rebound. …

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Daily Virtual Steel Mill Report 14/7/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         China State Council conference mentioned to inspect the illegal speculation on commodities and tax evasion, which disturbed the market environment and the tax revenue. ·         U.S. June PPI reached 7.3%, core PPI reached 5.6%, both created record high. U.S. Federal Powell indicated Federal …

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FIS Morning Report Tanker FFA 15-07-21

News Headlines: OIL DAYBOOK EUROPE: Asia Air Travel Revival Lags; UAE Nears Deal  (Bloomberg) Asian air travel may take another three years to recover fully from the devastation wrought by the pandemic, lagging behind rebounds in other regions and offering a stern headwind for refiners making jet fuel. Oil Extends Losses on U.S. Stockpile Gain …

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