Capesize freight rates went into correction after recent paper market rally over thin physical market activities. The Capesize 5 time charter average then plunged into a sharp drop and went down by $1,338 day-on-day to $41,514 on Friday. The Baltic Dry Index (BDI) however dropped slightly by 0.90% or 29 points on-day to 3,183 readings, …
Category archives: Fuel Oil
Fuel Oil Daily Evening Report 07/05/21
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Oil and Ore Intraday Morning Technical 07/05/21
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Fuel Oil Morning Report 07/05/21
Brent crude futures for July were at $68.47 a barrel by 0338 GMT, up 38 cents, or 0.6%, while U.S. West Texas Intermediate (WTI) crude for June rose 38 cents, or 0.6%, to $65.09. Both Brent and WTI are on track for a second weekly gain. Data released this week regarding economic growth for …
Daily Capesize Review 6/5/21
Capesize freight rates dived sharply upon political risks with worsening relations between Australia and China and its impact on the iron ore trades. The Capesize 5 time charter average then reversed into huge losses and went down by $1,965 day-on-day to $42,852 on Thursday. The Baltic Dry Index (BDI) also dropped by 1.65% or 54 …
European Close 06/05/21
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
Fuel Oil Daily Evening Report 06/05/21
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
Oil and Ore Intraday Morning Technical 06/05/21
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
Daily Capesize Review 5/5/21
Capesize freight rates continued to rise on the thriving FFA market, buoyed by robust steel demand in China. The Capesize 5 time charter average then rose up by $1,858 day-on-day to $44,819 on Wednesday, due to better market outlook. The Baltic Dry Index (BDI) also went up by 3.45% or 109 points on-day to 3,266 …
FIS Fuel Oil Morning Report 06/05/21
Brent crude oil futures rose by 17 cents, or 0.3%, to $69.13 a barrel by 0343 GMT, and U.S. West Texas Intermediate (WTI) crude futures gained by 8 cents, or 0.1%, to $65.71 a barrel. Both benchmarks had hit their highest since mid-March on Wednesday before retreating. EIA Report Crude: -7,99 Cushing: 0,254 Distillate: …