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Tag archives: FO
Oil and Ore Intraday Morning Technical
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Morning Oil Report 06/12/21
Oil & Products Morning Report At 10:18 am Singapore time (0218 GMT), the ICE February Brent futures contract was up $1.73/b (2.48%) from the previous close at $71.61/b, while the NYMEX January light sweet crude contract was $1.68/b (2.54%) higher at $67.94/b. Sentiment in oil markets appeared to have turned a corner after steep …
European Close 03/12/21
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Fuel Oil Daily Evening Report 03/12/21
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Oil and Iron Ore Morning Technical 03/12/21
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Oil and Products Morning Report 03/12/21
Good morning. OPEC+ surprised the market yesterday choosing to stick to its plan of increasing oil output by 400Mbbbls/d in January. This would mean that under the deal, the group can produce 40.49MMbbls/d over the month with OPEC’s share totalling 24.55MMbbls/d. Expectations heading into the meeting were that the group would at least pause supply …
Daily Capesize Review 2/12/21
Capesize freight rates rebounded from slump, due to improvement in Pacific shipping demand despite a slow start to the month. The Capesize 5 time charter average, then inched up by $581 day-on-day to $37,604 on Thursday, despite weak sentiment in the paper market. The Baltic Dry Index (BDI) also rose by $68, up 2.23% day-on-day, …
European Close 02/12/21
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Oil and Products Evening Report 02/12/21
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