Daily Capesize Review 11/3/21

Capesize freight rates retreated from recent rally, as trade participants took a breather from the bullish market outlook. The Capesize 5 time charter average then went down by $536 day-on-day to $17,353 on Thursday, after a choppy session. The Baltic Dry Index (BDI) also dropped slightly by 0.51% or 10 points to 1,970 readings, amid …

FIS Fuel Oil Morning Report 12/03/21

Brent crude futures for May slipped 11 cents, or 0.2%, to $69.52 a barrel by 0403 GMT before sling even further to $69.12 by 0700GMTwhile U.S. West Texas Intermediate crude for April was at $65.83 a barrel, down 19 cents, or 0.3%. Front month Brent is on track to post eight consecutive weeks of gains …