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Category archives: Fuel Oil
Oil and Ore Intraday Morning Technical 19/04/21
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Daily Capesize Review 16/4/21
Capesize freight rates made small gains after cooling down from the recent rally over better shipping fundamentals. The Capesize 5 time charter average then gained slightly by $464 day-on-day to $28,520 on Friday, despite relative smaller volumes traded at the close of the week. The Baltic Dry Index (BDI) also rose further by 2.67 % …
FIS Fuel Oil Morning Report 19/04/21
Brent crude was down 23 cents, or 0.3%, at $66.54 a barrel by 0426 GMT, after rising 6% last week. U.S. oil was down 27 cents, or 0.2%, at $62.96 a barrel, having gained 6.4% last week. Oil prices saw a fair push over the course of last week as a result of the …
European Close 16/04/21
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Fuel Oil Daily Evening Report 16/04/21
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Oil and Ore Intraday Morning Technical 16/04/21
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Daily Capesize Review 15/4/21
Capesize freight rates rallied further on market optimism over better shipping demand and fundamentals in both basins. The Capesize 5 time charter average then rose by $1,925 day-on-day to $28,056 on Thursday, due to booming paper market. The Baltic Dry Index (BDI) also rose further by 6.66% or 145 points to 2,323 readings, supported by …
FIS Fuel Oil Morning Report 16/04/2021
Brent crude futures rose 13 cents, or 0.2%, to $67.07 a barrel at 0508 GMT, following a 36-cent rise on Thursday. U.S. West Texas Intermediate (WTI) crude futures were 12 cents, or 0.2%, higher to $63.58 a barrel, after climbing 31 cents on Thursday. Propping up market sentiment are reports that the US economic …
European Close 15/04/21
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