Please click below to view the report This week, as China takes a holiday, the news stream for the rest of the world is incredibly active. From rocketing Freight to flat Tankers, find out the impact on Commodities markets with Chris, Kerry and Tom. Available now on: Website https://freightinvestorservices.com/blog/fis-castaway-eps-27-unprecedented-coverage-in-unprecedented-times/ Spotify …
Category archives: Fuel Oil
Oil Through the Looking Glass 07/10/20
*Storm-Weary Offshore Energy Firms Prep for Massive Hurricane* Oil and gas platforms are preparing for Storm Delta that is due to batter the Mexican Cancun within the next few days, that is on course to head to the gulf coast over the next week. Oil producers evacuated 57 production facilities in expectation of 145mph winds …
Brent Dec 20 Morning Technical Comment – 240 Min
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Morning Oil Report 7/10/20
**Correction to Morning Oil Report on 05/10/2020 from Ship and Bunker: Bunker demand may fall 5-7% on the year, not Bunker prices as previously stated** WTI crude oil futures fell 81 cents, or 2%, to $39.86 a barrel by 0411 GMT while Brent crude futures fell by 70 cents, or 1.6%, to …
Capesize rates peak at slower momentum
Capesize freight rates continued its upward push albeit a slower rate than previously seen in recent rally. Thus, the Capesize 5 time charter average gained by $603 day-on-day to $34,896 on Tuesday, as the market uptrend moved in slower momentum. The Baltic Dry Index (BDI) then managed to stay firm above the 2,000 readings and …
Oil Through the Looking Glass 06/10/20
*Crude, Gasoil, and Fuels All Gain* Prices for Brent, ICE Gasoil Swap and Ship Fuel Oils all gained on yesterday, with Crude leading a rally across the board. Brent was up on the day again this morning, dragging with it prices of oil products. Other spreads were relatively stable, as were crack values, which meant …
Brent Dec 20 Morning Technical Comment – 240 Min
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): …
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Morning Oil Report 6/10/20
Brent futures rose 0.58% on Tuesday at 0625GMT or up to $41.43 dollar per barrel with the WTI up 24 cents to $39.46 per barrel at 0435GMT. Oil rebounded yesterday after the news broke that Trump was being discharged from hospital after being treated for COVID-19. Oil prices hit highs of $41.65 per barrel …
Capesize rates reach new peak for the year
Capesize freight rates continued its bullish run and reached new height due to good shipping fundamentals. Thus, the Capesize 5 time charter average surged up by $1,227 day-on-day to $34,293 on Monday, touching a new year high amid good shipping demand. Following the bullish Capesize market, the Baltic Dry Index (BDI) stayed above the 2,000 …
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Fuel Oil Daily Evening Report 5/10/20
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 (KS): …