Capesize freight rates rebounded on tight tonnage supply because of Typhoon In-Fa’s impact on central China’s coastal areas. The Baltic Dry Index (BDI) then increased by 3.09% day-on-day, up 96 points to 3,199 readings, due to the firmer freight rates. Bullish Pacific amid tight vessel supply The Pacific enjoyed healthy cargo list with …
Category archives: Fuel Oil
FIS Fuel Oil Morning Report 26/07/21
Brent crude futures for September fell 44 cents, or 0.6%, to $73.66 a barrel by 0432 GMT while U.S. Texas Intermediate crude was at $71.62 a barrel, down 45 cents. Oil spent much of last week clawing back losses, with ICE Brent managing to finish the week almost 8% up from last Monday’s close. …
European Close 23/07/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Fuel Oil Daily Evening Report 23/07/21
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Oil and Ore Intraday Morning Technical 23/07/21
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Daily Capesize Review 22/7/21
Capesize freight rates improved due to tightened tonnage over typhoon concerns in the Pacific basin. The Baltic Dry Index (BDI) then increased by 1.47% day-on-day, up 45 points to 3,103 readings, due to the better freight rates. Limited tonnage over typhoon development off China Market participants expected Typhoon In-Fa to constrain vessel supply in …
FIS Fuel Oil Morning Report 23/07/21
Brent crude settled at $73.79 a barrel, up $1.56, or 2.2%, while U.S. West Texas Intermediate (WTI) settled at $71.91 a barrel, rising $1.61, or 2.3%. Over the past few days, oil has been recovering losses from the 7%+ drop that happened earlier in the week. The downtick in prices during the morning trade …
European Close 22/07/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Fuel Oil Daily Evening Report 22/07/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
ENGINE: East of Suez Bunker Fuel Market Update 22/7/21
East of Suez bunker prices have extended yesterday’s gain as Brent rises by more than $2/bbl on the day. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($17/mt), Zhoushan ($13/mt) and Singapore ($11/mt) LSMGO prices up in Fujairah ($26/mt), Singapore ($8/mt) and Singapore ($10/mt) HSFO380 prices up …
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