Category archives: Fuel Oil

Morning Oil Report 13/12/2021

At 10:40 am Singapore time (0240 GMT), the ICE February Brent futures contract was up 84 cents/b (1.12%) from the previous close at $75.99/b, while the NYMEX January light sweet crude contract was 92 cents/b (1.28%) higher at $72.59/b.   Oil prices were climbing in line with other risk assets as investors remained optimistic that …

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Daily Capesize Review 9/12/21

Capesize freight rates headed southward with losses in both basin as shipping demand cooled off during holiday season. The Capesize 5 time charter average, then decreased by $1,651 day-on-day to $41,379 on Thursday, as market activities slowed down toward year-end. The Baltic Dry Index (BDI) also dropped by $80, down 2.34% day-on-day, to $3,343, due …

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Morning Oil Report 10/12/2021

At 10:25 am Singapore time (0225 GMT), the ICE February Brent futures contract was down 5 cents/b (0.07%) from the previous close at $74.37/b, while the NYMEX January light sweet crude contract fell 4 cents/b (0.06%) at $70.90/b.   Coming a month after US core inflation for October hit a 30-year high, expectations are high …

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