FIS Fuel Oil Morning Report 06/04/21

Welcome back to those who have enjoyed the Easter break!   Brent crude futures rose 38 cents, or 0.61%, to $62.53 a barrel at 0507 GMT, after falling 4.2% on Monday. U.S. West Texas Intermediate (WTI) crude futures rose 34 cents, or 0.58%, to $58.99 barrel, after sliding 4.6% on Monday. The US Dollar Index, …

Daily Capesize Review 2/4/21

Capesize freight rates are expected to rise in the second quarter of the year, in anticipation of strong iron ore exports from Australia and Brazil. After a strong Q1, shipping fundamentals remained robust with a relatively tight dry bulk supply amid plenty of commodity demand. The Baltic Dry Index (BDI), then rose by 1.27% or …

FIS Fuel Oil Morning Report 01/04/21

Brent crude for June delivery was up by 31 cents, or 0.5%, at $63.05 a barrel by 0159 GMT after falling 2.2% overnight before pushing up over 40 cents by 0730BST to $63.45. U.S. oil was up 38 cents, or 0.6%, at $59.54 a barrel, having dropped 2.3% on Wednesday.   EIA week ending 3/26 …

FIS Castaway Podcast – Episode 48

    FIS Castaway Podcast – Episode 48   Crisis in the Suez! We talk to Peter Stallion our Container broker to find out what’s been happening, along with our usual freight, ferrous and oil updates.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-48/   Spotify https://open.spotify.com/episode/5qswVCZ2541HL3wOTOcr2U?si=pZJ2N64bSg2pYwLzSPnjJg   iTunes https://open.spotify.com/episode/5qswVCZ2541HL3wOTOcr2U?si=pZJ2N64bSg2pYwLzSPnjJg           Disclaimer: This podcast …

FIS Fuel Oil Morning Report 31/03/21

Brent crude futures rose 15 cents, or 0.2%, to $64.29 a barrel at 0202 GMT, after falling 1.3% on Tuesday before pushing to $64.60 by 0730BST. U.S. West Texas Intermediate (WTI) crude futures jumped 15 cents, or 0.3%, to $60.70 a barrel, after falling 1.6% in the previous session.   Tomorrow marks the day the …