Category archives: Fuel Oil

FIS CASTAWAY – EPISODE 37

FIS Castaway Podcast – Episode 37 – Christmas Special   Whether you’ve been Naughty or Nice, tune in to our special episode ‘The 12 Commodities of Christmas’ to hear the team break down the year’s price action and trends across all our products, along with the usual news and comment.   Listen Below:   Website …

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Morning Oil Report 16/12/20

Brent crude futures fell 11 cents, or 0.2%, to $50.65 a barrel at 0421 GMT before softening further to $50.48 at 0730GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 9 cents, or 0.2%, to $47.53 a barrel.   Crude inventories swelled by 2 million barrels in the week to Dec. 11 to about …

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Capesize rates rallies on better Atlantic market

Capesize freight rates continued to rise on improving shipping demand, especially in the Atlantic market. The Capesize 5 time charter average then went up by $846 day-on-day to $13,128 on Tuesday, despite softening freight rates in the Pacific. The Baltic Dry Index (BDI) also maintained its upward climb and went up by 3.08% or 38 …

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Oil and Ore Intraday Morning Technical 16/12/20

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 (KS): +1 813 490 6630

Morning Oil Report 15/12/20

U.S. West Texas Intermediate (WTI) crude futures fell 36 cents, or 0.8%, to $46.63 a barrel at 0506 GMT, while Brent crude futures fell 40 cents, or 0.8%, to $49.89 a barrel, erasing Monday’s gains.   Shale oil production is expected to fall by about 136,000 barrels per day in January to 7.44 million barrels …

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Capesize rates rebound on improving Atlantic market

Capesize freight rates rebounded on improved rates, despite some port closures in China due to bad weather and shipping accident. The Capesize 5 time charter average then went up by $393 day-on-day to $12,282 on Tuesday, after some market talks of raising coal quotas for Chinese importers. Thus, the Baltic Dry Index (BDI) moved up …

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Oil Through the Looking Glass 14/12/20

*Singapore Bunker Demand Heads Back Towards 50 Million MT/Year Bunker demand in Singapore may jump to 50 million metric tons for the first time in three years after a 4.6% jump in sales in November from a year earlier and 2.8% increase from October’s figures. Prices for the VLSFO roofed as companies were looking to …

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