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Category archives: Fuel Oil
Daily Capesize Review 5/7/21
Capesize freight rates continued to lose ground on thin trading activities amid sluggish shipping demand. The Capesize 5 time charter average, then plunged down by $1,333 day-on-day to $27,773 on Monday, after selloff session. The Baltic Dry Index (BDI) also dropped by 1.86% day-on-day, down 61 points to 3,224 readings, due to the weakening freight …
FIS Fuel Oil Morning Report 06/07/2021
At 11:16 am Singapore time (0316 GMT), the ICE September Brent futures contract was up 25 cents/b (0.32%) from the previous close at $77.41/b, while the NYMEX August light sweet crude contract was up 30 cents/b (4%) at $76.64/b. The ICE Brent marker had settled 1.30% higher July 5 at $77.16/b, the highest on record …
ENGINE – Americas Bunker Fuel Market Update 5/7/21
ENGINE: Americas Market Update Most bunker prices have come up with Brent in the Americas, while New York’s prices have run counter to broader market movements by dropping since Friday. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($12/mt), Balboa ($8/mt), Houston ($5/mt) and Los …
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European Close 05/07/21
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Fuel Oil Daily Evening Report 05/07/21
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Brent Daily technical 05/07/21
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Oil and Ore Intraday Morning Technical 05/07/21
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Daily Capesize Review 2/7/21
Capesize freight rates continued to dip after a market pullback from limited activities in the physical market. The Capesize 5 time charter average, then nosedived down by $1,494 day-on-day to $29,106 on Friday, after a choppy market. The Baltic Dry Index (BDI) also fell by 1.59% day-on-day, down 53 points to 3,285 readings, following the …
FIS Fuel Oil Morning Report 05/07/21
At 11:32 am Singapore time (0332 GMT), the ICE September Brent crude futures contract slipped 8 cents/b (0.11%) from the previous close at $76.09/b, while the NYMEX August light sweet crude contract was down 11 cents/b (0.15%) at $75.05/b. With the 4th July celebrations yesterday in the states and the winner of the Hotdog …