*Storm Damages Continue to hamper U.S. Gulf of Mexico Energy Operations* As refiners look to restart offshore operations, onshore repairs that are necessary as a result of the hurricane damages have been hampered this week due to power outages in Louisiana where the storm made early landfall on Thursday. Offshore production in the region was …
Author archives: Chris Hudson
Evening Oil Report 28/8/20
Click below link for the Evening Oil Report For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Agri-Freight Report 28/8/20
Click below link to view the Agri-freight report https://fisapp.com/wp-content/uploads/2020/08/Agri-Freight-Report-28.08.20.pdf For more information please contact FIS Agri freight Desk luisf@freightinvestor.com London +44 (0) 207 090 1120 Direct +44 (0) 7543223444
Oil Through the Looking Glass 28/8/20
*As Laura exits, U.S. energy firms tally damage As the tail end of Laura sweeps north east and is downgraded to tropical storm, US energy firms are organizing for crews to be sent to offshore rigs to assess the damage caused by the 150mph winds. Power was cut from the homes of 650,000 people. Equinor …
Gone With the Wind – Ship Shape Commodity Weekly
Dominating the news this week has not been the hopeless story of a Southern girl’s love for a married man, but rather the twin storms in the Gulf of Mexico. The bluster behind this story left oil and tanker markets in a spin with impending disruption and shutdowns. As of late Thursday, Hurricane Laura …
Continue reading “Gone With the Wind – Ship Shape Commodity Weekly”
Morning Oil Report 28/8/20
Good morning all. Brent futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel at 4:09 am GMT. The November contract climbed 3 cents to $45.63. WTI futures were down 3 cents, or 0.1%, to $43.01 a barrel. Hurricane Laura, a Category 4 storm, made landfall along the USGC …
Evening Oil Report 27/8/20
Click below link for the Evening Oil Report For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Daily Agri-Freight Report 27/8/20
Click below link to view the Agri-freight report https://fisapp.com/wp-content/uploads/2020/08/Agri-Freight-Report-27.08.20.pdf For more information please contact FIS Agri freight Desk luisf@freightinvestor.com London +44 (0) 207 090 1120 Direct +44 (0) 7543223444
Oil Through the Looking Glass 27/8/20
*WTI edges higher but products dip as US Gulf braces for Laura US crude was on the up as of 26th August as the region prepares for hurricane Laura, which is sweeping across the southern coast, yet demand for other products weakens S&P reports. NYMEX October WTI settled higher at $0.04 for the day whilst …
Steel and Scrap News 27/8/20
*Turkish Scrap Turkish Deepsea import scrap prices rebound as buying activity resumes. Deepsea Turkish import scrap prices strengthened, as one Marmara mill was heard to book three cargoes, breaking a two-week long silence in the market. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) at $284.50/mt CFR on Aug. …