FIS Technical – Brent July Daily The July futures are trading above the 8—21 period EMA’s and the USD 29.46 level. The upside move is now deep into the last bear wave, this means the technical phase is considered as neutral rather than bearish. To view the full reports please click on the link …
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Baltic Index
Baltic Index Route De scription Siz e (MT) Value ($ ) Change BCI timecharter average Weighted average of the 5 T/C routes 180000 6257 -535 BPI timecharter average Weighted average of the 5 T/C routes 82500 6228 -87 BSI timecharter average Weighted average of the 10 T/C routes 58328 4582 +6 BHSI timecharter average Weighted …
Supramax May 20 Morning Technical Comment – 240 Min
Supramax May 20 Morning Technical Comment – 240 Min
Capesize June 20 Morning Technical Comment – 240 Min
Capesize June 20 Morning Technical Comment – 240 Min
Panamax May 20 Morning Technical Comment – 240 Min
Panamax May 20 Morning Technical Comment – 240 Min
Brent June 20 Morning Technical Comment – 240 Min
Brent June 20 Morning Technical Comment – 240 Min
Historic Oil Output Cuts Give Boost to World’s Dirtiest Crudes
Historic Oil Output Cuts Give Boost to World’s Dirtiest Crudes (Bloomberg) — Heavier and more sulfurous oil is getting a price boost as production curbs by the OPEC+ alliance tighten the supply of what’s generally regarded as lower-quality crude. Abu Dhabi’s Upper Zakum, a grade with high sulfur content, is at the narrowest discount against …
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DCE slips amid pre-holiday restocking
Chinese futures slipped toward the closing session after a rally in morning session on pre-holiday restocking demand. The most-actively traded iron ore futures for September 2020 delivery on the Dalian Commodity Exchange (DCE) dipped slightly by 0.41% day-on-day to RMB 607 per tonne on Friday. Following the decline, the steel rebar contract on the Shanghai …