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Category archives: Fuel Oil
Daily Capesize Review 22/12/21
Capesize freight rates declined on limited market activities, as many trade participants went off for the holiday season. The Capesize 5 time charter average, then dropped up by $1,725 day-on-day to $20,363 on Wednesday, due to the lack of shipping activities during holiday season. The Baltic Dry Index (BDI) also dipped by $65, down 2.83% …
European Close 22/12/21
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Oil and Products Evening Report 22/12/21
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Brent Daily technical 22/12/21
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Morning Oil Report 22/12/21
At 9:57 am Singapore time (0157 GMT), the ICE February Brent futures contract was up 43 cents/b (0.58%) from the previous close at $74.41/b, while the NYMEX February light sweet crude contract was 55 cents/b (0.77%) higher at $71.67/b. API Crude -3.670M Cushing +1.272M Gasoline +3.701M Distillate -0.849M Analysts said Asian markets were …
Oil and Products Evening Report 21/12/21
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Oil and Products Weekly Analysis Report 21/12/21
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Macro Weekly Analysis Report 21/12/21
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Daily Capesize Review 20/12/21
Capesize freight rates rebounded from recent weakness and after a series of corrections, during the last trading weeks for the year. The Capesize 5 time charter average, then jumped up by $670 day-on-day to $23,283 on Monday, as the market bottomed out from recent slump. The Baltic Dry Index (BDI) however, dipped slightly by $8, …