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 …
Category archives: Fuel Oil
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, …
European Close 08/10/21
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Fuel Oil Daily Evening Report 08/10/21
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Oil and Ore Intraday Morning Technical 08/10/21
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FIS Fuel Oil Morning Report 08/10/21
Good morning all. Crude oil futures rallied during mid-morning Asian trade Oct. 8, extending overnight gains, following reports that the US has no current plans to tap into the country’s oil reserves to help quell rising gasoline prices. Crude oil had come under pressure after US Energy Secretary Jennifer Granholm told the Financial times on …
Daily Capesize Review 7/10/21
Capesize freight rates gained slightly, despite the absence of Chinese participants for long holidays celebration. The Capesize 5 time charter average, then inched up by $83 day-on-day to $86,953 on Thursday, as tight tonnage supplies continued to support freight rates. The Baltic Dry Index (BDI) also inched up by $3, up 0.05% day-on-day, to $5,650, …
European Close 07/10/21
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 07/10/21
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: Americas Bunker Fuel Market Update 07/10/21
Bunker prices have moved in mixed directions across the Americas as Brent’s decline has slowed after sharp losses yesterday. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($11/mt), Balboa ($7/mt) and Zona Comun ($5/mt), and down in Houston ($8/mt) and New York ($4/mt) LSMGO prices …
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