Beirut devastated by ammonia nitrate explosion The world watched on in shock following a devastating explosion in Beirut, caused by 2,700mt of ammonia nitrate last week. In the aftermath of the disaster, the safe storage, handling and use of the chemical commonly used as fertiliser, has been brought into question once again. More scrutiny is …
Author archives: Lee Welch
Morning Oil Report 12/8/20
Good morning all. Brent futures was up 9 cents/b, or 0.20%, at $44.59/b at 2:15 am GMT, while NYMEX WTI crude contract was up by 4 cents/b, or 0.10%, at $41.65/b. American Petroleum Institute data published on Tuesday showed a fall of 4.4 million barrels in US crude inventories, more than analysts’ expectations of a …
Oil Evening Report 11/8/20
Click below link for the Evening Oil Report https://freightinvestorservices.com/wp-content/uploads/2020/08/110820Fuel-Oil-Swap-Daily-Report.pdf For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Oil Through the Looking Glass 11/8/20
*Asian Refiners Grappling with Difficult Outlook A massive reduction in product demand, especially jet fuel, coupled with the increasing supply of crude into the market from OPEC is creating a challenging market environment for Asian refiners. Margins for Asia based refiners have been harder hit than other regions as closed arbs, and increased exports from …
Hi5 – The Rocket that Never Took Off
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Steel and Scrap Report 11/8/20
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Morning Oil Report 11/8/20
Good morning all. Brent futures rose by 22 cents, or 0.5%, to $45.21 a barrel, as of 4:41 am GMT. WTI futures rose 32 cents, or 0.8%, to $42.26 a barrel. Despite the number of COVID-19 case counts worldwide topped 20 million, daily confirmed cases globally have been on the decline for three consecutive …
Oil Evening Report 10/8/20
Click the below link for Evening Fuel Oil Report https://freightinvestorservices.com/wp-content/uploads/2020/08/100820Fuel-Oil-Swap-Daily-Report.pdf For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568 Singapore: +65 87984987 Luke Longhurst Email: LukeL@freightinvestor.com Mobile: (+44) 7966 968761 Ricky Forman Email: RickyF@freightinvestor.com Mobile: (+44) 7868 708719 …
Steel and Scrap Report 10/8/20
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FIS Fuel Oil Morning Report 10/8/20
Good morning all. Brent futures were up 40 cents, or 0.9%, at $44.80 a barrel at 3:01 am GMT, while WTI futures rose 50 cents, or 1.2%, to $41.72 a barrel. After a two-day losing streak, oil gained momentum as Saudi Aramco predicted demand will continue to improve through the rest of the year, …