Category archives: Fuel Oil

Daily Capesize Review 10/3/21

Capesize freight rates continued to firm up on bullish paper market with strong gains in both basins. The Capesize 5 time charter average then surged up by $1,719 day-on-day to $17,889 on Wednesday, due to better shipping outlooks. The Baltic Dry Index (BDI) also hiked up by 4.16% or 79 points to 1,980 readings, amid …

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FIS Fuel Oil Morning Report 11/03/21

Brent crude oil futures for May rose 55 cents, or 0.8%, to $68.45 a barrel by 0328 GMT, while U.S. West Texas Intermediate crude for April was up 52 cents, or 0.8%, at $64.96.   EIA week ending 3/5 Crude oil: +13.8M Gasoline: -11.9M Distillates: -5.5M Refiner utilz: 69.0% Impld mogas demand: 8.73Mbpd   Gains …

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FIS Castaway Podcast – Episode 45 10/03/21

FIS Castaway Podcast – Episode 45   Confused? Missed last week’s volatile markets? Look no further, listen to this week’s Castaway to get updated on our main shipping and commodity markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-45-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/2xDjvDLVXCM5aSBmubF4xH?si=ED09gjreRDGOSMWUPqUSoA   And iTunes https://podcasts.apple.com/gb/podcast/episode-45/id1507094242?i=1000512386620     Disclaimer: This podcast is a marketing communication and is not based …

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Daily Capesize Review 9/3/21

Capesize freight rates rallied on bullish shipping outlook, despite corrections in iron ore and bunker prices. The Capesize 5 time charter average then hiked up by $1,032 day-on-day to $16,170 on Tuesday, due to better market sentiments in both basins. The Baltic Dry Index (BDI) also rose by 2.59% or 48 points to 1,901 readings, …

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FIS Fuel Oil Morning Report 10/03/2021

Brent crude for May dropped 56 cents, or 0.8%, to $66.96 a barrel by 0414 GMT, while U.S. West Texas Intermediate crude for April was at $63.56 a barrel, down 45 cents, or 0.7%.   #API #Crude +12.792M VS Est.-0.833M #Cushing +0.295M #Gasoline -8.499M VS Est.-4.167M #Distillate -4.796M VS Est.-3.667M   Crude stocks in the …

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