Please click below to view the report Covid-free podcast. Don’t worry, we don’t mention the C word this week. Join Chris, Kerry and Tom as they discuss the movers and shakers in the freight and commodity markets. Website https://freightinvestorservices.com/blog/fis-castaway-eps-28-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/0Or1J28BVx3QpqCNoshu8D?si=0HRbKajpTseE7rBmegtslQ And Itunes https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=ceed5e2e-6c21-838b-9e13-2573ebdd402b Disclaimer: This podcast is …
Category archives: Fuel Oil
Fuel Oil Daily Evening Report
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 …
Oil Through the Looking Glass 14/10/20
* U.S. Gulf Offshore Crude Oil Production Continues Recovery; 44% Shut: Regulator* US Guld coast oil production continued to increase as more platforms began to reopen, four days after the forced shut of 91% of total crude output. This figure now stands as around 44% of crude output shut, or 805,965 barrels per day …
Capesize rates retreat on mixed market outlook
Capesize freight rates continued to be under pressure, following the thin activities in the physical market. The Capesize 5 time charter average dropped by $1,836 day-on-day to $25,497 on Tuesday, despite some market talks of another rally in Q4 as miners accelerated their ore exports by year-end. Due to the declining freight rates, the Baltic …
Continue reading “Capesize rates retreat on mixed market outlook”
Morning Oil Report 14/10/20
Brent crude futures for December fell by 12 cents, or 0.3%, to $42.33 a barrel by 0455BST while U.S. WTI futures were down 11 cents, or 0.3%, to $40.09. Early morning interest this morning sees selling on high sulfur and buying on low sulfur, with the European and Singapore FoGos strengthening yesterday but some cooling …
European close
A bit of a quandary for iron ore overnight. Iron ore futures had, as mentioned previously entered a corrective phase within a bull move. We asked the question whether China can keep consuming iron ore at this rate and if so, for how long. Well, apparently that question is hanging a little heavier than we …
Fuel Oil Daily Evening Report
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 …
Oil Through the Looking Glass 13/10/20
*Crude, Fuel and Gasoil Push in The Morning Window* A morning increase for Crude, Fuel and Gasoil this morning also saw the strengthening of the front FoGos strengthen to print -40.75 for the Euro and -18 for the Sing, with the front crack is valued at -5.75 at 1010BST. (FIS) *BP Says It Returning …
Oil and Ore Intraday Morning Technical 13/10/20
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 …
Continue reading “Oil and Ore Intraday Morning Technical 13/10/20”
Capesize rates falls on soft physical market
Capesize freight rates continued to head south on selling pressure on the paper market and thin physical trading market. The Capesize 5 time charter average fell by $2,146 day-on-day to $27,333 on Monday, due to aggressive selloff, but gained some ground as Pilbara port authorities were turning away covid infected crews. The Baltic Dry Index …
Continue reading “Capesize rates falls on soft physical market”