FIS Fuel Oil Morning Report 18/05/21

Brent crude oil futures were up 19 cents, or 0.3%, at $69.65 a barrel by 0517 GMT, while West Texas Intermediate (WTI) was up 18 cents, or 0.3%, at $66.45 a barrel. Both contracts rose more than 1% on Monday.   Oil exports from OPEC+ have surged by over 1 million barrels per day in …

FIS Morning Report Tanker FFA 18-05-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Travel Rebound Leading Jet Fuel’s Surge (Bloomberg) U.S. airports are the busiest since the pandemic began — the strongest sign yet of a domestic travel revival     TANKER WEEKLY WRAP (Bloomberg) U.S. GULF-to-EUROPE CRUDE: May Flows at 9-Month High; Demand Up EUROPE-to-AMERICAS: Flows Hit 6-Week High After Pipeline …

FIS Singapore Iron Ore Derivatives Report 17/05/2021

Iron Ore Market Update Market Commentary Iron ore futures rebounded above $200 a tonne on Monday over better steel output. 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 by China’s …