Click below link for the Evening Oil Report https://freightinvestorservices.com/wp-content/uploads/2020/08/140820Fuel-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
Category archives: News
Tanker News Update 14/8/20
*Tanker Traffic As mentioned around the turn of the month after suffering the worst rainfall in 100 years, Chinese ports are still flooded, but now with over 40 VLCCs. The current figure stands at 83 tankers in waiting, though peaked early last week at 91, with a 2019-built 320dwt siting in Qingdao for two months. …
Ship Shape – FIS Commodity Weekly 14/8/20
The Quiet Before the Storm As thunder and lightning rages around the British Isles, you can’t help but draw a parallel with global markets. As we come towards the end of summer, having had what little respite we have been allowed with lockdown measures, the low activity and pause for many markets may now …
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Morning Oil Report 14/8/20
Brent futures were up 14 cents/b, or 0.3%, at $45.10/b by 5:50 am GMT, while WTI futures were up 11 cents/b, or 0.3%, at $42.35/b. Prices have been bolstered this week by EIA data released on August 12 reporting a 4.51 million-barrel draw in US commercial crude inventories, exceeding market expectations for the third …
London Iron Ore Market Report
Supramax & Handysize FFA Daily Report
Capesize & Panamax FFA Daily Report
Evening Oil Report 13/8/20
Please click below to view the report https://freightinvestorservices.com/wp-content/uploads/2020/08/130820Fuel-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
Steel and Scrap News 13/8/20
* Physical scrap concluded at $285/t CFR for HMS 80:20 Physical scrap continues to move higher with fixtures completed over the last week at $285/t CFR for HMS 80:20 material. Both Baltic and US based sellers have been reported as transacting with the most recent fixture by a Baltic-origin deal concluded at $285/t CFR for …
Oil Through the Looking Glass 13/8/20
*US Demand Rebounds The EIA reported yesterday that US crude, gasoline and distillate stock levels all dropped last week even with an increase in refinery production. This shows us that American demand for crude and oil products is finally looking like it is bouncing back. Refinery utilisation was up 1.4% to 81% of total capacity, …