Brent crude futures for May rose by 53 cents, or 0.8 %, to $68.77 a barrel by 0436 GMT, while U.S. West Texas Intermediate (WTI) crude for April rose 44 cents, or 0.7%, to $65.49. Saudi Arabia remain in full control of the current oil prices with the 1 million barrels a day voluntary …
Category archives: Fuel Oil
Fuel Oil Daily Evening Report 08/03/21
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Oil and Ore Intraday Morning Technical 08/03/21
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Daily Capesize Review 5/3/21
Capesize freight rates booked gains on better market sentiment, supported by higher bunker prices and better shipping demand. The Capesize 5 time charter average then rose by $920 day-on-day to $14,794 on Friday, due to better market sentiment from FFA. The Baltic Dry Index (BDI) also strengthened on the better freight rates with gains of …
FIS Fuel Oil Morning Report 08/03/21
Brent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since Jan. 8, 2020, and were at $70.96 a barrel by 0611 GMT, up $1.60, or 2.3%. U.S. West Texas Intermediate (WTI) crude for April rose $1.47, or 2.2%, to $67.56. The front-month WTI price touched $67.98 a barrel earlier, …
European Close 05/03/21
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Fuel Oil Daily Evening Report 05/03/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
FIS Technical – Brent April 21 05/03/21
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FIS Fuel Oil Morning Report 05/03/21
Brent crude futures for May rose 83 cents, or 1.2%, to $67.57 a barrel at 0609 GMT, and was on track for a 2% gain in the week. The European benchmark pushed throughout the morning to reach $68.00 by 0700GMT. U.S. West Texas Intermediate (WTI) crude futures were up 77 cents, or 1.2%, to $64.60 …
Daily Capesize Review 4/3/21
Capesize freight rates stabilized and took a breather, after recent rally with market talks of super cycle. The Capesize 5 time charter average then slipped slightly by $36 day-on-day to $13,874 on Thursday, due to the market volatility. The Baltic Dry Index (BDI) continued to rally on the strength of smaller vessel and gained slightly …