Oil Through the Looking Glass 05/10/20

*Oil Prices Rebound 2% on Trump’s health, Norway Strike Escalation* News surrounding Trump’s heath dominated headlines this weekend as there were conflicting reports arising from the US regarding the truth on the state of the President’s recovery from Covid-19. The general sentiment is that his condition is improving and as a result oil was given …

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): …

Capesize sets for another yearly high level

Capesize freight rates hiked up on bullish shipping outlook with firm supports to set for another high rate for the year. The Capesize 5 time charter average hiked up by $3,734 day-on-day to $33,066 on Friday, despite the absence of Chinese participants due to holidays. The Baltic Dry Index (BDI) then went above the 2,000 …

Morning Oil Report 5/10/20

Brent up to $40.11 a barrel by 0503 GMT, gaining 84 cents or 2.1%. U.S. WTI crude was at $37.96 a barrel, up 91 cents, or 2.5%.   US reports over the weekend have been mixed on the health of the President, with his doctors refusing to disclose whether he had been administered oxygen after …

Fuel Oil Daily Evening Report 2/10/20

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): …

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): +1 813 …

Oil Through the Looking Glass 01.10.2020

*India’s Gasoline Sales Jump to Pre-Covid Levels in September, Diesel Improves* Indian refiners reported sales have risen to pre-pandemic levels in September for gasoline but there has been a reported drop off in diesel sales as loosening restrictions sparked energy consumption and economic activity.  Indian state refiners sold 2.2 million tonnes of gasoline, up 1.85% …

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): +1 813 …