Monthly archives: October 2021

Morning Tanker FFA Report 18/10/21

News Headlines: OIL DAYBOOK EUROPE: Indian Diesel Demand Climbs; OPEC Compliance India’s diesel consumption is gathering pace with the onset of annual festivals, boosting sales to pre- pandemic levels in the first half of October in a sign that the economy is bouncing back. * OIL FUTURES: Oil Extends Gain After Eighth Weekly Advance on …

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ENGINE: Americas Bunker Fuel Market Update 15/10/21

Most major US and Latin American bunkering locations have seen prices rise with Brent in the past day, while Houston’s VLSFO price has come off slightly.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($9/mt), New York and Los Angeles ($8/mt) and Zona Comun ($7/mt), and down …

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FIS Fuel Oil Morning Report 18/10/21

At 10:52 am Singapore time (0235 GMT), the ICE December Brent futures contract was up 94 cents/b (1.1%) from the previous close at $85.87/b, a high not seen since October 2018. The NYMEX November light sweet crude contract rose $1.33/b (1.61%) at $83.60/b. It was last higher on October 2014.   Investors were now eyeing …

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Daily Capesize Review 15/10/21

Capesize freight rates fell in prolonged correction period with bearish market outlooks, amid moderate shipping demand. The Capesize 5 time charter average, then plunged down by $5,764 day-on-day to $64,417 on Friday, following another string of corrections. The Baltic Dry Index (BDI) extended losses and dropped by $208, down 4.11% day-on-day, to $4,854, due to …

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