Category archives: Fuel Oil

FIS Fuel Oil Morning Report 17/03/21

Brent crude futures fell 7 cents, or 0.1%, to $68.32 a barrel by 0458 GMT, after initially gaining as much as 23 cents. U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $64.84, after climbing as much as 28 cents in early trade. The benchmarks were choppy on Wednesday with both swinging between …

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Daily Capesize Review 16/3/21

Capesize freight rates continued to improve on better shipping demand, with marginal gains recorded in both basins. The Capesize 5 time charter average then hiked up by $220 day-on-day to $17,274 on Tuesday, with good volume being changed hand in a choppy session. The Baltic Dry Index (BDI) went up higher by 1.71% or 34 …

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FIS Fuel Oil Morning Report 15/03/21

Brent crude futures for May gained 47 cents, or 0.7%, to $69.69 a barrel by 0438 GMT while U.S. West Texas Intermediate crude for April was at $66.10 a barrel, up 49 cents, or 0.8%.   The US stimulus package had sent the global economy into a positive mood in the past week as Biden …

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