Evening Oil Report 27/10/20

Click below link for the Evening Oil Report       Click below link for the September Monthly Report   https://fisapp.com/wp-content/uploads/2020/10/Monthly-Oil-Report-Sep-2020.pdf     For more information please contact   FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568

Singapore Iron Ore Derivatives Report 26/10/20

Market Commentary Iron ore extended its losses on Monday as investors weighed supply and demand, while casting a watchful eye on China’s Communist Party plenum. Iron ore port inventories rose for a seventh consecutive week last Friday to hit an 8-month high. In addition, there are growing signs that the strength of demand is wavering …

Morning Oil Report 26/10/20

Brent crude was down 89 cents, or 2.1%, at $40.88 by 0647 GMT. U.S. WTI dropped 89 cents, or 2.2%, to $38.96. Brent fell 2.7% last week and WTI dropped 2.5%.   The weekend provided a plethora of different stories for crude and oil news this weekend in what has been a month predominantly dominated …