Category archives: News

Morning Oil Report 14/12/2021

At 9:56 am Singapore time (0156 GMT), the ICE February Brent futures contract was down 18 cents/b (0.24%) from the previous close to $74.21/b, while the NYMEX January light sweet crude contract fell 14 cents/b (0.2%) at $71.15/b. Oil markets saw choppy trading during the Dec. 13 session, as risk-on sentiment earlier in the day …

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Daily Capesize Review 13/12/21

Capesize freight rates softened with holidays season approaching, as market activities slowed down amid thin cargo list. The Capesize 5 time charter average, then decreased by $908 day-on-day to $39,127 on Monday, as holiday moods persisted in the paper market. The Baltic Dry Index (BDI) also dropped by $56, down 1.71% day-on-day, to $3,216, due …

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