Category archives: Fuel Oil

FIS Fuel Oil Morning Report 05/05/2021

U.S. West Texas Intermediate (WTI) crude futures rose 48 cents, or 0.7%, to $66.17 a barrel at 0440 GMT, after climbing to $66.58, a level not seen since March 8. Brent crude futures were up 49 cents, or 0.7%, at $69.37 barrel after touching a more than seven-week high of $69.78 earlier in the session. …

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Castaway Podcast – Ep. 52 – Shipping Emissions

‘No Smoking here – It’s the Castaway Emissions Special! Join us with our special guest Andrew Glass of Viridios Capital and Avatar Commodities to discuss Emissions Offsets and their effect on the world of shipping and commodities.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-51-shipping-emissions/   Spotify https://open.spotify.com/episode/6vGCbv86JDVPJxaogu020h?si=zHvmrUJaT8qoZSdWJu58lg   iTunes https://podcasts.apple.com/gb/podcast/episode-52-shipping-emissions/id1507094242?i=1000518992755

Daily Capesize Review 3/5/21

Capesize freight rates started the week slow due to thin trading activities from holidays periods in China and Greece. The sluggish market movement might halt the positive momentum on freight rates by the end of April and only recovered with the returns of the trade participants from holidays. The Baltic Dry Index (BDI) however managed …

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FIS Fuel Oil Morning Report 04/05/21

Brent crude futures rose 6 cents, or 0.1%, to $67.62 a barrel at 0329 GMT, after climbing 1.2% on Monday. U.S. West Texas Intermediate (WTI) crude futures also ticked 5 cents, or 0.1% higher, to $64.54 a barrel, after gaining 1.4% on Monday. The weaker dollar after a worse than anticipated US manufacturing growth figure …

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