FIS Fuel Oil Morning Report 17/06/21

At 10:17 am Singapore time (0217 GMT), the ICE August Brent futures contract was down 77 cents/b (1.04%) from the previous settle at $73.62/b, while the NYMEX July light sweet crude contract was down 72 cents/b (1.00%) at $71.43/b.   EIA week ending 6/11 Crude oil: -7.4M Gasoline: +2.0M Distillates: -1.0M Refiner utilz: 92.6% Impld …

FIS Morning Report Tanker FFA 17-06-21

News Headlines: Benchmark Oil Tanker Losses Ease; Med-Asia Clean Rates Rise (Bloomberg) Rates for hauling oil on the benchmark TD3C route edged higher to WS 31.14. That equates to a daily loss of -$4,309, compared with -$4,525 on Tuesday. Rates on the TD20 WAF-Continent route rose 2.9% to WS 49.73; that was the highest since …

FIS Singapore Iron Ore Derivatives Report 16/06/2021

Market Commentary Iron ore futures extended its losses on Wednesday following increased shipments from major suppliers, while traders are also sweating over potential government controls. Iron ore shipments from Australia and Brazil stood at 26.14 million tonnes last week, up 4.4% from a week ago, data from Mysteel showed. The increased shipments have eased market …