Monthly archives: September 2021

Daily Capesize Review 14/9/21

Capesize freight rates continued to march onward with gains as typhoon related weathers caused disruption in shipping schedules. The Capesize 5 time charter average, then rose by $784 day-on-day to $53,692 on Tuesday, as market slowed down after a huge daily spike in previous session. The Baltic Dry Index (BDI) then rose by $58, up …

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FIS Morning Report Tanker FFA 15-09-21

News Headlines: OIL DAYBOOK EUROPE: China’s Move to Curb Prices Has Market Wary (Bloomberg) China’s first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices.  * OIL FUTURES: Oil Extends Gains as Industry Report Shows Slump …

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FIS Fuel Oil Morning Report 15/09/21

At 10:25 am Singapore time (0225 GMT), the ICE November Brent futures contract was up 28 cents/b (0.38%) from the previous settle at $73.88/b, while the NYMEX October WTI contract was 30 cents/b (0.43%) higher at $70.76/b.   API Crude -5.437M Cushing -1.345M Gasoline -2.761M Distillate -2.888M   Around 720,217 b/d or 39.6% of Gulf …

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