Daily Capesize Review 7/4/21

Capesize freight rates rose on better shipping demand in both basins and firm market outlook for Q2. The Capesize 5 time charter average then increased by $1,506 day-on-day to $22,468 on Wednesday, with May and June contracts jumping over $25,000/day levels. The Baltic Dry Index (BDI) also went up by 1.67% or 35 points to …

FIS Fuel Oil Morning Report 08/04/2021

At 11 am Singapore time (0300 GMT), the ICE Brent June contract was down 33 cents/b (0.52%) from the April 7 settle at $62.83/b, while the May NYMEX light sweet crude contract fell 37 cents/b (0.62%) to $59.40/b.   EIA week ending 4/2 Crude oil: -3.5M Gasoline: +4.0M Distillates: +1.5M Refiner utilz: 84.0% Impld mogas …