Morning Fuel Oil Report 13/08/21

Morning Oil Report   Brent crude was down 49 cents, or 0.7%, at $70.82 a barrel by 0507 GMT, after dropping 13 cents in the previous session. U.S. crude was off by 53 cents, or 0.8%, at $68.56 a barrel, having fallen 0.2% on Thursday. The benchmarks are still heading for a slight gain this …

ENGINE: Global Bunker Fuel Market Update 12/08/21

ENGINE: Global Bunker Fuel Market Update Global bunker prices have mostly made moderate gains alongside Brent, while Zhoushan’s HSFO380 price has shot up amid tight availability.   Changes on the day to 08.00 GMT today: VLSFO prices up Singapore, Fujairah and Houston ($5/mt) and Rotterdam ($3/mt), and down in Gibraltar ($1/mt) LSMGO prices up in …

Daily Capesize Review 11/8/21

Capesize freight rates rose on improved market sentiments with better physical shipping demand in the Atlantic market. The Capesize 5 time charter average, then rose by $459 day-on-day to $36,354 on Wednesday, due to firm showing seen in the Atlantic market. The Baltic Dry Index (BDI) also hiked up 1.04% day-on-day, or 35 points to …

Fuel Oil Morning Report 12/08/21

Morning Oil Report     At 11:38 am Singapore time (0338 GMT), the ICE October Brent futures contract was up 11 cents/b (0.15%) from the previous close at $71.55/b while the NYMEX September light sweet crude contract was also up 11 cents/b (0.16%) at $69.36/b.   EIA week ending 8/6 Crude oil: -0.4M Gasoline: -1.4M …

Castaway Podcast Episode 67

FIS Castaway Podcast – Episode 67    Laudate Nostradamus! With our freight and apocalyptic iron ore calls from the last few weeks coming true, we look at what’s been going on in the ferrous, oil and freight markets this week.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-67/ Spotify https://open.spotify.com/episode/1bx7An2ak8PjbHmUhG1qHw?si=gshvw_3CQlqGzuG-ibTeqw&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-67/id1507094242?i=1000531695519

ENGINE: Global Bunker Fuel Market Update 11/08/21

Global bunker prices have mixed direction as Brent values steady after big fluctuations at the start of the week.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar and Houston ($6/mt), and down in Singapore ($13/mt), Fujairah ($7/mt) and Rotterdam ($4/mt) LSMGO prices up in Gibraltar ($7/mt), Singapore ($6/mt) and …

Daily Capesize Review 10/8/21

Capesize freight rates dipped on thin market activities with a short trading week, due to public holidays in Japan and Singapore. The Capesize 5 time charter average, then dropped by $114 day-on-day to $35,895 on Tuesday, despite some improvement in the physical market. The Baltic Dry Index (BDI) moved flatly and inched up slightly by …

Fuel Oil Morning Report 11/08/21

Morning Oil Report   At 9:46 am Singapore time (0147 GMT), the ICE October Brent futures contract was up 2 cents/b (0.03%) from the previous close at $70.65/b, while the NYMEX September light sweet crude contract was unchanged over the same period at $68.29/b.   API Crude -0.816M Cushing -0.413M Gasoline -1.114M Distillate +0.673M   …