Category archives: Uncategorized

Fuel Oil Morning Report 12/08/21

Morning Oil Report     At 11:38 am Singapore time (0338 GMT), the ICE October Brent futures contract was up 11 cents/b (0.15%) from the previous close at $71.55/b while the NYMEX September light sweet crude contract was also up 11 cents/b (0.16%) at $69.36/b.   EIA week ending 8/6 Crude oil: -0.4M Gasoline: -1.4M …

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Iron Ore DCE Jan Daily Technical Review 11/8/21

Verdict – Short-term neutral, oversold currently. DCE iron ore January rebound after an oversold, the high volume indicated big changing hands and potentially reach a periodic low. Hourly MACD widened above 0 axis. Hourly slow stochastic KD widened. Hourly CCI entered bullish area. Hourly candles were confirming a bottom area, a further breakthrough on 874.5 …

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Fuel Oil Morning Report 11/08/21

Morning Oil Report   At 9:46 am Singapore time (0147 GMT), the ICE October Brent futures contract was up 2 cents/b (0.03%) from the previous close at $70.65/b, while the NYMEX September light sweet crude contract was unchanged over the same period at $68.29/b.   API Crude -0.816M Cushing -0.413M Gasoline -1.114M Distillate +0.673M   …

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Iron Ore DCE Jan Daily Technical Review 9/8/21

Verdict – Short-term neutral. DCE iron ore January contract corrected over Friday night session and the day session of Monday. However the trading volume decreased and rebounded during most of the day session on Monday. A further breakdown on daily low at 845.0 with small trading volume would indicated a new round of slump. Hourly …

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