Brent crude oil futures for July fell 6 cents, or 0.1%, to $68.59 a barrel by 0434 GMT, while U.S. West Texas Intermediate (WTI) crude for July was at $65.92 a barrel, down 15 cents, or 0.2%. U.S. crude oil and fuel inventories fell last week, said two market sources, citing Tuesday’s American Petroleum …
Category archives: Products
FIS Morning Report Tanker FFA 25-05-21
News Headlines: OIL DAYBOOK EUROPE: China Set to Buy More Russian Crude; Iran (Bloomberg) China’s growing appetite for oil is poised to lure crude from Russia’s western ports after a months’-long slump as the cargoes once again compete with Middle East supplies favored by Asia’s refineries. Three Tanker Stocks Upgraded as Evercore ISI …
Fertilizer Financial Markets Commentary/Curves 25/05/21
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European Close 25/05/21
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Capesize & Panamax FFA Daily Report 25/05/21
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Supramax & Handysize FFA Daily Report 25/05/21
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London Iron Ore Market Report 25/05/21
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Fuel Oil Daily Evening Report 25/05/21
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Cape Spreads Technical Report 25/05/21
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FIS Singapore Iron Ore Derivatives Report 25/05/21
Iron Ore Market Update Market Commentary Iron ore and steel prices saw a major correction last week following the government crackdown. Mills’ profitability fell sharply since reaching multi-year highs just two weeks ago, according to data compiled by Bloomberg Intelligence. According to some trade sources, steel margins for some products have fallen below $200/mt. Meanwhile, …
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