Category archives: Fuel Oil

Fuel Oil Morning Report 03/09/21

At 12:19 pm Singapore time (0419 GMT), the ICE November Brent futures contract was down 1 cent/b (0.01%) from the previous close at $73.02/b while the NYMEX October light sweet crude contract was down 14 cents/b (0.2%) at $69.85/b.   The latest Energy Information Administration data released late Sept. 2 showed that US crude inventories …

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ENGINE: East of Suez Bunker Fuel Market Update 2/9/21

East of Suez bunker prices are mostly up on the day, while some ports have seen small losses amid a dip for Brent.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($3/mt), Zhoushan ($2/mt), and down in Fujairah ($1/mt) LSMGO prices up in Singapore and Zhoushan ($5/mt), …

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ENGINE: Europe & Africa Bunker Fuel Market Update 2/9/21

Bunker prices have mostly been rangebound in European bunkering hubs the past day, and HSFO380 remains tight in several northern European ports.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($25/mt), Rotterdam and Gibraltar ($1/mt) LSMGO prices up in Durban ($35/mt) and Rotterdam ($5/mt), and steady in Gibraltar HSFO …

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Daily Capesize Review 1/9/21

Capesize freight rates continued its downward trajectory, with both basins came under selling pressures as tonnages began to return. The Capesize 5 time charter average, then fell further by $2,102 day-on-day to $46,987 on Wednesday, after much selling pressures. The Baltic Dry Index (BDI) followed the decline and dropped by $119, down 2.88% day-on-day, to …

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Morning Oil Report 02/09/21

At 10:40 am Singapore time (0240 GMT), the ICE November Brent futures contract was down 35 cents/b (0.49%) from the previous close at $71.24/b, while the NYMEX October light sweet crude contract was 43 cents/b (0.63%) lower at $68.16/b.   The OPEC+ alliance in its meeting Sept. 1 agreed to increase crude output by 400,000 …

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FIS Castaway Podcast – Episode 70 – 01/09/21

      FIS Castaway Podcast – Episode 70   Get in your gamble straddles and ride out Q4 in comfort? Hear about that suggestion and what’s been driving the freight and commodity markets in this week’s podcast.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-70/   Spotify – https://open.spotify.com/episode/6blIv7KxtIp2MQyMDygH1L?si=tucsNWN3S1GSvlDcXu8r-w&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-70/id1507094242?i=1000533971959       …

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