Category archives: Fuel Oil

Morning Oil Report 10/12/20

U.S. West Texas Intermediate (WTI) crude futures rose 25 cents, or 0.6%, to $45.77 a barrel at 0500 GMT, while Brent crude futures climbed 22 cents, or 0.5%, to $49.08 a barrel but eased a touch as liquidity came into the market up to 0730GMT, from then on, brent pushed to highs of $49.33 at …

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Capesize rates head south on scant shipping demand

Capesize freight rates headed south due to weakening physical market in both basins. The Capesize 5 time charter average then went down by $312 day-on-day to $10,295 on Wednesday. The Baltic Dry Index (BDI) however, went up slightly by 0.09% or 1 points to 1,122 readings, due to robustness in the Panamaxes’ physical and futures …

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Castaway Podcast- Episode 36

FIS Castaway Podcast – Episode 36   Caught off guard by the Iron Ore moves? Listen to this week’s Castaway podcast where Chris, Tom and Kerry have it covered, along with all our markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-36-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/0WA9W0fF8iU8zj7ZXaXJv9?si=wQFDhZpGQAmWRHJ5ELpt6Q     And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=9e03d14c-8b5c-8383-312a-4c06244f5758