FREIGHT: Mideast Tanker Surplus Narrows to Four-Month Low

Jan-03 17:52

An excess of supertankers in the Middle East compared with crude cargoes for the next 30 days narrowed to 18%, the smallest since early September, according to Bloomberg sources.

  • The average for the past 12 months is 25%.
  • Earnings on the benchmark ME-China route were $21,643, according to Bloomberg citing Baltic Exchange data.

Historical bullets

OPTIONS: Primarily Rate Upside Via Call Structures

Dec-04 17:52

Wednesday's Europe rates/bond options flow included: 

  • ERG5 97.62/97.50ps 1x2 bought for 0.5 and 0.75 in 10k.
  • ERG5 97.62/97.75/97.87c fly, bought for 2 in 4k.
  • ERG5/F5 98.12/98.25cs spread, bought for half in 8k.
  • ERH5 97.75/97.87/98.00c fly, sold 1.75 in 2.5k.
  • SFIH5 95.55/95.65/95.75c fly, bought for 2.75 in 2k.

US TSY OPTIONS: Jan'25 10Y Call Buyer

Dec-04 17:49
  • +7,800 TYF5 111.5 calls, 33 ref 111-04.5, total volume near 16,000 on the day

MNI EXCLUSIVE: Key Metrics For Assessing Any New French Budget

Dec-04 17:37

The EU has key metrics for assessing any new French budget, officials say. - On MNI Policy MainWire now, for more details please contact sales@marketnews.com