Monthly archives: June 2021

FIS Fuel Oil Morning Report 29/06/21

At 10:55 am Singapore time (0255 GMT), the ICE August Brent futures contract was down 34 cents/b (0.46%) from the previous close at $74.34/b, while the NYMEX August light sweet crude contract was down 28 cents/b (0.38%) at $72.63/b. This downtrend continues from overnight when front month Brent and NYMEX light sweet crude markers closed …

Continue reading “FIS Fuel Oil Morning Report 29/06/21”

Daily Capesize Review 28/6/21

Capesize freight rates inched up after a slow start of the week, despite improvement seen in both basins. The Capesize 5 time charter average, then rose up by $279 day-on-day to $33,348 on Monday, despite limited fixtures done in the physical market. The Baltic Dry Index (BDI) also hiked up by 2.12% day-on-day, up 69 …

Continue reading “Daily Capesize Review 28/6/21”

FIS Morning Report Tanker FFA 29-06-21

  News Headlines: OIL DAYBOOK EUROPE: Saudis May Increase Arab Light OSP to Asia (Bloomberg) Saudi Aramco is expected to increase the price of Arab Light crude by 65 cents a barrel for August sales to Asian customers. OIL FUTURES: Oil Below $73 on Demand Concern Before OPEC+ Meet.     TANKER WEEKLY WRAP: WAF …

Continue reading “FIS Morning Report Tanker FFA 29-06-21”