Morning Oil Report 21/1/21

U.S. West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.5%, to $53.07 a barrel at 0500 GMT, following two days of gains on expectations of massive COVID-19 relief spending under new U.S. President Joe Biden. Brent crude futures dropped 22 cents, or 0.4%, to $55.86 a barrel.   U.S. crude oil inventories rose …

Daily Capesize Review 20/1/21

Capesize freight rates continued to rise on firmer physical Atlantic basin, despite thin shipping activities in the market. The Capesize 5 time charter average then went up by $1,409 day-on-day to $25,557 on Wednesday, after a choppy trading session. The Baltic Dry Index (BDI) also moved higher on improving freight rates and hiked up by …

FIS CASTAWAY – EPISODE 38 20/1/21

Castaway is back with our market updates for Freight, Fuel, Iron ore, Fertilizers and tankers, with a special mention for FIS’s first cobalt trade, tune in now! Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-38-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3vI8MRVZhjvRIta6btOKFl?si=a3N6-iVcS4qFKJk8dHFxMQ   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=bcd759c8-c8a1-f59f-16fc-5f7b0df79f5c Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis by Freight Investor (FIS) of …