Category archives: Fuel Oil

Daily Capesize Review 1/2/21

Capesize freight rates started the week sluggishly, due to thinner market activities and cyclone concerns. The Capesize 5 time charter average then slipped by $159 day-on-day to $15,516 on Monday, due to low trading volume and little buying interests. The Baltic Dry Index (BDI) dipped slightly by 0.55 % day-on-day or 8 points to 1,452 …

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FIS Fuel Oil Morning Report 02/02/2021

Brent crude was up 51 cents, or 0.9%, at $56.86 a barrel by 0630 GMT, while U.S. oil gained 53 cents, or 1%, to $54.08 a barrel. Both contracts rose more than 2% in the previous session.   Oil output from OPEC nations increased by around 160,000 barrels per day as the new output cuts …

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Oil and Ore Intraday Morning Technical 01/02/21

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

Daily Capesize Review 29/1/21

Capesize freight rates continued to slide on muted trading activities, amid softening physical market. The Capesize 5 time charter average then slipped further by $458 day-on-day to $15,675 on Friday, after some short selling in the paper market. The Baltic Dry Index (BDI) also declined further by 1.22 % day-on-day or 18 points to 1,452 …

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FIS Fuel Oil Morning Report 01/02/2021

The week began with gains in early trading for both Brent and U.S. crude. Brent futures increasing 36c to $55.40 per barrel and WTI rising 24c to $52.44 (06:12GMT.) Prices have been boosted by vaccination programmes getting underway in hard-hit countries as well as output cuts by major producers.  (Reuters)   A delegate has claimed …

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