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Category archives: Fuel Oil
Daily Capesize Review 11/10/21
Capesize freight rates continued to fall amid market uncertainty and profit-taking in the paper market. The Capesize 5 time charter average, then went down by $1,143 day-on-day to $82,722 on Monday, despite good market fundamentals. The Baltic Dry Index (BDI) also dropped by $38, down 0.69% day-on-day, to $5,488, due to weakening freight rates. …
FIS Fuel Oil Morning Report 12/10/21
At 11 am Singapore time (0300 GMT), the ICE December Brent futures contract was down 7 cents/b (0.08%) from the previous close at $83.58/b, while the NYMEX November light sweet crude contract was 13 cents/b (0.16%) lower at $80.39/b. Tightened US supply has supported prompt-month WTI prices and contributed to the widening backwardation of …
European Close 11/10/21
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Fuel Oil Daily Evening Report 11/10/21
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FIS Technical – Brent Dec 21 11/10/21
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ENGINE Global Physical Bunker Market Update 11/10/21
Global bunker prices are mostly up across ports today, as Brent values inched up from Friday’s levels. Changes in the day to 08.00 GMT today: VLSFO prices up in Singapore ($38/mt), Fujairah ($22/mt), Houston ($2/mt), and steady in Rotterdam and Gibraltar LSMGO prices up in Fujairah ($34/mt), Singapore and Gibraltar ($7/mt), Rotterdam ($3/mt), …
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Oil and Ore Intraday Morning Technical 11/10/21
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FIS Fuel Oil Morning Report 11/10/21
At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 78 cents/b (0.95%) from the previous close at $83.17/b, while the NYMEX November light sweet crude contract was $1.18/b (1.49%) higher at $80.53/b. Crude oil gained amid a broader rally in the energy sector as fears of strong demand …
Daily Capesize Review 8/10/21
Capesize freight rates fell from a selloff in the paper market, despite more shipping activities as Chinese trade participants returned from holidays. The Capesize 5 time charter average, then went down by $3,088 day-on-day to $83,865 on Friday, despite some late rebound at the market close. The Baltic Dry Index (BDI) also dropped by $124, …