Freight Intraday Morning Technical 6/10/20

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Oil Through the Looking Glass 06/10/20

*Crude, Gasoil, and Fuels All Gain* Prices for Brent, ICE Gasoil Swap and Ship Fuel Oils all gained on yesterday, with Crude leading a rally across the board. Brent was up on the day again this morning, dragging with it prices of oil products. Other spreads were relatively stable, as were crack values, which meant …

Fertilizer Market Report 6/10/20

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Steel & Scrap Morning Report 6/10/20

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Brent Dec 20 Morning Technical Comment – 240 Min

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Morning Oil Report 6/10/20

Brent futures rose 0.58% on Tuesday at 0625GMT or up to $41.43 dollar per barrel with the WTI up 24 cents to $39.46 per barrel at 0435GMT.   Oil rebounded yesterday after the news broke that Trump was being discharged from hospital after being treated for COVID-19. Oil prices hit highs of $41.65 per barrel …

Capesize rates reach new peak for the year

Capesize freight rates continued its bullish run and reached new height due to good shipping fundamentals. Thus, the Capesize 5 time charter average surged up by $1,227 day-on-day to $34,293 on Monday, touching a new year high amid good shipping demand. Following the bullish Capesize market, the Baltic Dry Index (BDI) stayed above the 2,000 …