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: …
Category archives: Fuel Oil
Fuel Oil Daily Evening Report 12/05/21
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 (FL): +1 813 490 6630
FIS Castaway Podcast – Episode 54 12/05/21
FIS Castaway Podcast – Episode 54 Iron ore is at record highs, driven by insatiable domestic Chinese demand. So, we have renamed it IronCoin in honour of its meteoric rise from last year. Hear all about it and our usual freight and commodity markets on this week’s podcast. Listen Below: …
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Fuel Oil Morning Report 12/05/21
U.S. West Texas Intermediate (WTI) crude futures rose 21 cents, or 0.3%, to $65.49 a barrel at 0013 GMT, adding to a 36 cent rise on Tuesday. Brent crude futures climbed 15 cents, or 0.2%, to $68.70 a barrel, adding to a 23 cent gain on Tuesday. API Crude -2.533M Cushing -1.209M Gasoline +5.640M …
Daily Capesize Review 11/5/21
Capesize freight rates faced slight correction after recent paper rally, as the physical market failed to keep up with the market optimism. The Capesize 5 time charter average then dipped by $339 day-on-day to $42,031 on Tuesday, following a selloff in the trading session. The Baltic Dry Index (BDI) also inched up slightly by 0.43% …
Monthly Fuel Oil Report 11/05/21
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 (FL): +1 813 490 6630
Fuel Oil Daily Evening Report 11/05/21
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 (FL): +1 813 490 6630
Morning Oil Report 11/5/21
U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, or 0.6%, to $64.52 a barrel at 0247 GMT, after gaining 2 cents on Monday. Brent crude futures dropped 45 cents, or 0.7%, to $67.87 a barrel, after climbing 4 cents on Monday Reports of the hacking of the Colonial pipeline ensured that oil …
Fuel Oil Daily Evening Report 10/05/21
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
Morning Oil Report 10/5/21
At 11:46 am Singapore time (0346 GMT), the ICE Brent July contract was up 29 cents/b (0.42%) from the May 7 settle at $68.57/b, while the June NYMEX light sweet crude contract was up 19 cents/b (0.29%) at $64.90/b. As a result of the positive tracks made with the UK vaccine programme, fuel sales …