Fuel Oil Morning Report 14/05/21

Brent crude oil futures were down 26 cents, or 0.4%, at $66.79 a barrel by 0 GMT, while West Texas Intermediate (WTI) was down 20 cents, or 0.3%, at $63.62 a barrel. Both prices are heading for their first weekly loss in three weeks.   Oil prices fell 3% over the course of Thursday as …

Coming Soon – Physical Bunker Prices

Freight Investor Services (FIS) and Engine Technologies (ENGINE) are delighted to announce a new data sharing partnership, bringing together their respective expertise on bunker futures and physical markets.   The partnership, due to go live 17th May, will see physical and future derivative prices on fuel oil products available on both the FIS Live and …

Fuel Oil Morning Report 13/05/21

Brent crude was down 66 cents, or 1%, at $68.66 a barrel by 0444 GMT, after gaining 1% on Wednesday. West Texas Intermediate (WTI) was down 67 cents, or 1%, to $65.41 a barrel, having risen 1.2% in the previous session.   EIA week ending 5/7 Crude oil: -0.4M Gasoline: +0.4M Distillates: -1.7M Refiner utilz: …

FIS Castaway Podcast – Episode 54 12/05/21

    FIS Castaway Podcast – Episode 54   Iron ore is at record highs, driven by insatiable domestic Chinese demand. So, we have renamed it IronCoin in honour of its meteoric rise from last year. Hear all about it and our usual freight and commodity markets on this week’s podcast.     Listen Below: …

Fuel Oil Morning Report 12/05/21

U.S. West Texas Intermediate (WTI) crude futures rose 21 cents, or 0.3%, to $65.49 a barrel at 0013 GMT, adding to a 36 cent rise on Tuesday. Brent crude futures climbed 15 cents, or 0.2%, to $68.70 a barrel, adding to a 23 cent gain on Tuesday.   API Crude -2.533M Cushing -1.209M Gasoline +5.640M …