Category archives: Fuel Oil

FIS Castaway Podcast – Episode 50 13/04/21

FIS Castaway Podcast – Episode 50 In our 50th episode, we look at the market movements in the year since we started, as well as updates on dry freight, iron ore, tanker and oil markets, plus info on the transition to Panamax 5TC contracts. Listen Below: Website https://freightinvestorservices.com/blog/31469/   Spotify https://open.spotify.com/episode/4MOJ5pYtCjz6tSP33h0Tkt?si=BlB5wvfWQpCBB06cHjCZ_g   iTunes https://podcasts.apple.com/gb/podcast/episode-50/id1507094242?i=1000516940096 Disclaimer: This podcast …

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Daily Capesize Review 12/4/21

Capesize freight rates rose on bullish market outlook, with firm physical market supported by slight uptick in bunker prices. The Capesize 5 time charter average then rose by $2,065 day-on-day to $25,976 on Monday, as traders hurried to short cover at the start of the week. The Baltic Dry Index (BDI) also hiked up on …

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FIS Fuel Oil Morning Report 13/04/21

Brent crude oil futures were up 31 cents, or 0.5%, at $63.59 a barrel by 0356 GMT while U.S. crude oil futures gained 28 cents, or 0.5%, to $59.98 a barrel.   Robust data coming from China regarding their imports and export data gave oil prices some support overnight, with its imports growing to the …

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Daily Capesize Review 9/4/21

Capesize freight rates rallied on better shipping demand, especially with more cargoes coming from the Atlantic market. The Capesize 5 time charter average then rose by $1,037 day-on-day to $23,911 on Friday, due to market optimism for Forward Freight Agreement (FFA). The Baltic Dry Index (BDI), however, dipped slightly after recent rally and went down …

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