Category archives: News

FIS Morning Report Tanker FFA 29-09-21

OIL DAYBOOK EUROPE: Libya Wants U.S. Firms to Help Boost Output (Bloomberg) Libya wants U.S. oil companies to return to the war-torn OPEC nation and help it raise output rapidly. “I would like to personally encourage foreign companies, especially those from the U.S., to come back,” Oil Minister Mohamed Oun said in an interview in …

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ENGINE: Americas Bunker Fuel Market Update 28/09/21

Bunker prices have dipped from yearly highs in several major bunkering locations across the Americas, and strong wind has delayed some bunker deliveries in Zona Comun.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Balboa ($13/mt), and down in Zona Comun ($10/mt), Houston ($7/mt), Los Angeles ($5/mt) …

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FIS Fuel Oil Morning Report 29/09/21

At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was down 98 cents/b (1.24%) from the previous close at $78.11/b, while the NYMEX November light sweet crude contract was 83 cents/b (1.10%) lower at $74.46/b.   In inventory news, the American Petroleum Institute reported late Sept. 28 that US crude supplies …

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Daily Capesize Review 28/9/21

Capesize freight rates soared to greater heights on better shipping demand amid tight tonnage supply. The Capesize 5 time charter average, then jumped by $5,983 day-on-day to $69,013 on Tuesday, due to bullish market sentiments on higher C3 and C5 fixings. The Baltic Dry Index (BDI) then rose by $245, up 5.19% day-on-day, to $4,962, …

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