FIS Morning Report Tanker FFA 07-09-21

News Headlines: OIL DAYBOOK EUROPE: China’s Crude Imports Jump; Ida Hits Output (Bloomberg) China’s overseas crude inflows rose to a five-month high after private refiners were allocated new import quotas and as cargoes that were delayed by a typhoon were finally delivered. * OIL FUTURES: Oil Holds Losses as Investors Assess Outlook Clouded by Covid-19 …

Daily Capesize Review 3/9/21

Capesize freight rates declined on slower market activities especially in the Pacific market, despite a firm Atlantic market. The Capesize 5 time charter average, then dropped by $760 day-on-day to $46,647 on Friday, amid a volatile paper market. The Baltic Dry Index (BDI) then fell by $57, down 1.42% day-on-day, to $3,944, as market sentiments …

FIS Morning Report Tanker FFA 06-09-2021

News Headlines: OIL DAYBOOK EUROPE: Saudi Arabia Cuts Prices to Asia; NOC Chair (Bloomberg) Saudi Arabia cut oil prices for sales to Asia next month by more than twice the expected amount in a sign the world’s largest crude exporter wants to entice buyers to take more of its barrels. * OIL FUTURES: Oil Extends …