Category archives: Products

Fuel Oil Morning Report 03/09/21

At 12:19 pm Singapore time (0419 GMT), the ICE November Brent futures contract was down 1 cent/b (0.01%) from the previous close at $73.02/b while the NYMEX October light sweet crude contract was down 14 cents/b (0.2%) at $69.85/b.   The latest Energy Information Administration data released late Sept. 2 showed that US crude inventories …

Continue reading “Fuel Oil Morning Report 03/09/21”

Iron Ore DCE Jan Daily Technical Review 3/9/21

Verdict – Short-term neutral. DCE iron ore January contract created the second day of rebound, however resisted below 789.5, which was an important short-run resistance level. A breakthrough on this level would mean a continuous strong rebound. Hourly slow stochastic KD potentially enter an overbought area. Hourly CCI entered bullish territory and widened. Hourly MACD …

Continue reading “Iron Ore DCE Jan Daily Technical Review 3/9/21”