FIS Fuel Oil Morning Report 18/02/2021

Brent crude climbed 89 cents, or 1.4%, to $65.23 a barrel by 0524 GMT, touching its highest since Jan. 20, 2020. U.S. West Texas Intermediate (WTI) crude futures gained 66 cents, or 1.1%, to $61.80 a barrel, registering its highest since Jan. 8, 2020. Both benchmarks rose about $1 on Wednesday and have gained more …

Daily Capesize Review 17/2/21

Capesize freight rates hiked up on market optimism with rising Panamax segment that led to market talks of using Capesize vessels for Panamax cargoes. The Capesize 5 time charter average then rose sharpy by $3,5542 day-on-day to $15,856 on Wednesday, in view of better post-holiday demand in key routes. The Baltic Dry Index (BDI) also …

FIS CASTAWAY – EPISODE 42 – Cobalt Special 17/02/21

FIS Castaway Podcast – Episode 42 – Cobalt Special This week we are joined by Charlotte Radford – minors, ores and alloys editor at Fastmarkets – to discuss the increasingly important cobalt market, alongside a brief markets update. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-42-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/5HdPGrivCIqz7y9usCXg3R?si=kjRz8WloRfq9VRaDdevTvQ   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=b0eed840-fd03-9460-3ddf-a5b5a08c53e1 Disclaimer: This podcast is a marketing communication …

Brent April 21 Morning Technical Comment – 60 Min 17/02/21

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FIS Fuel Oil Morning Report 17/02/21

U.S. West Texas Intermediate (WTI) crude futures dipped 3 cents to $60.02 a barrel at 0510 GMT, retreating from a 13-month high of $60.95 hit on Tuesday. Brent crude futures gained 11 cents, or 0.2%, to $63.46 a barrel before pushing from 0700 up to $63.73 levels, adding to three days of gains.   The …

Daily Capesize Review 16/2/21

Capesize freight rates rallied on stronger bunker prices and led by stronger Panamax segment that improved market sentiment. The Capesize 5 time charter average then rose sharpy by $1,857 day-on-day to $12,314 on Tuesday, due to bullish market sentiment on post-holiday demand. The Baltic Dry Index (BDI) also hiked up on better freight rates from …