Category archives: News

Brent April 21 Morning Technical Comment – 60 Min 17/02/21

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FIS Fuel Oil Morning Report 17/02/21

U.S. West Texas Intermediate (WTI) crude futures dipped 3 cents to $60.02 a barrel at 0510 GMT, retreating from a 13-month high of $60.95 hit on Tuesday. Brent crude futures gained 11 cents, or 0.2%, to $63.46 a barrel before pushing from 0700 up to $63.73 levels, adding to three days of gains.   The …

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Daily Capesize Review 16/2/21

Capesize freight rates rallied on stronger bunker prices and led by stronger Panamax segment that improved market sentiment. The Capesize 5 time charter average then rose sharpy by $1,857 day-on-day to $12,314 on Tuesday, due to bullish market sentiment on post-holiday demand. The Baltic Dry Index (BDI) also hiked up on better freight rates from …

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