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 …
Category archives: Fuel Oil
Capesize rates jump on better physical market
Capesize freight rates bounced from the recent slump and pushed up significantly on good shipping demand. As such, the Capesize 5 time charter average jumped by $1,140 day-on-day to $17,229 on Tuesday, with the September and October contracts making big gains. The Baltic Dry Index (BDI) chased the rally and saw gain of 3.81% or …
Continue reading “Capesize rates jump on better physical market”
Morning Oil Report
Brent crude was down 30 cents, or 0.7%, at $41.42 per barrel. U.S. West Texas Intermediate (WTI) crude for October, dropped 34 cents, or 0.9%, to $39.46. As the UK Lockdown measures become stricter for the foreseeable future, America are relieved at the fact that Storm Beta has weakened along the Gulf Coast. On …
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 (KS): +1 813 …
Oil and Ore Intraday Morning Technical
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 …
Capesize rates book gains on better Pacific market
Capesize freight rates rebound on better shipping demand in the Pacific which improved overall market sentiment. Thus, the Capesize 5 time charter average rose by $328 day-on-day to $16,289 on Monday, with improved bids that boosted the paper market. The Baltic Dry Index (BDI) reflected the market optimism and posted gain of 1.39% or 18 …
Continue reading “Capesize rates book gains on better Pacific market”
Oil Through the Looking Glass 22.09.2020
** Oil steady as U.S. storm eases but demand recovery fears persist** Little changes in oil prices on Tuesday after heavy overnight loses but demand woes still linger in the market with the US tropical storm easing over the week. Crude prices fell 4% on Monday with experts alluding to how the oil market is …
To catch a falling knife
It started overnight with the equities and the iron ore coming under pressure. Fears about banking, the global economy, and the horror that we call the Pandemic. However, this sell off feels like it might have more behind it. Since March, equities, iron ore, steel and base have shrugged of the global economic slowdown. The …
Morning Oil Report
Brent front month futures were printing this morning at $41.58 per barrel, 14 cents up or 0.3% with its American counterpart WTI futures registering at $39.50 per barrel or 19 cents up. Key news out of Monday was that excess jet fuel has now made its way into the fuel oil market and is …
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 (KS): +1 813 …