Category archives: Fuel Oil

FIS Castaway Podcast – Episode 63 14/07/21

FIS Castaway Podcast – Episode 63 As the UK looks to relax covid regulations next week, the team discuss what’s happening in the freight, iron ore and oil markets. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-63/ Spotify https://open.spotify.com/episode/1Lh9dgsQF1pGZJ0zrCINe1?si=pVE_qS-3R7Cy1UAvXjb2DA&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-63/id1507094242?i=1000528851383 Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis by Freight Investor (FIS) …

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ENGINE: Europe & Africa Bunker Fuel Market Update 14/7/21

Bunker prices continue to rise across European and African ports, and supply in South African has come under pressure from mass violence and heavy unrest.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($10/mt), Durban ($8/mt) and Gibraltar ($6/mt) LSMGO prices up in Rotterdam ($10/mt), Durban ($6/mt) and Gibraltar …

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ENGINE: East of Suez Bunker Fuel Market Update 14/7/21

East of Suez bunker prices are mostly up on the day, tracking rising Brent values for another day.   Changes on the day to 16.00 SGT (08.00 GMT) today:  VLSFO prices up in Singapore ($6/mt), Fujairah ($5/mt) and steady in Zhoushan LSMGO prices up in Singapore ($5/mt), steady in Fujairah, and down in Zhoushan HSFO380 …

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Daily Capesize Review 13/7/21

Capesize freight rates slumped into losses after some panic selling in the paper market, as freight rates declined in the physical market. The Capesize 5 time charter average, then plunged down by $994 day-on-day to $30,272 on Tuesday, after selling pressure in the paper market. The Baltic Dry Index (BDI) also dropped by 2.18% day-on-day, …

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FIS Fuel Oil Morning Report 14/07/21

At 10:35 am Singapore time (0235 GMT), the ICE September Brent futures contract was down 18 cents/b (0.24%) from the previous close at $76.31/b, while the NYMEX August light sweet crude contract was down 23 cents/b (0.31%) at $75.02/b. Concerns about supply tightness have been heightened by the OPEC+ alliance’s ongoing stalemate over production quotas …

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