Category archives: Fuel Oil

Daily Capesize Review 13/5/21

Capesize freight rates underwent correction phrases again as physical market softened amid holidays and thin activities. The Capesize 5 time charter average then dropped by $1,331 day-on-day to $37,724 on Thursday, following the downward momentum since the selloff session earlier in the week. The Baltic Dry Index (BDI) also the dip and went down by …

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Fuel Oil Morning Report 14/05/21

Brent crude oil futures were down 26 cents, or 0.4%, at $66.79 a barrel by 0 GMT, while West Texas Intermediate (WTI) was down 20 cents, or 0.3%, at $63.62 a barrel. Both prices are heading for their first weekly loss in three weeks.   Oil prices fell 3% over the course of Thursday as …

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Coming Soon – Physical Bunker Prices

Freight Investor Services (FIS) and Engine Technologies (ENGINE) are delighted to announce a new data sharing partnership, bringing together their respective expertise on bunker futures and physical markets.   The partnership, due to go live 17th May, will see physical and future derivative prices on fuel oil products available on both the FIS Live and …

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Fuel Oil Morning Report 13/05/21

Brent crude was down 66 cents, or 1%, at $68.66 a barrel by 0444 GMT, after gaining 1% on Wednesday. West Texas Intermediate (WTI) was down 67 cents, or 1%, to $65.41 a barrel, having risen 1.2% in the previous session.   EIA week ending 5/7 Crude oil: -0.4M Gasoline: +0.4M Distillates: -1.7M Refiner utilz: …

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