European Close

  A better day for the Panamax sector today after yesterday’s sell off. Rates remained stable in the sector with November futures up 1.3% at USD 12,350, followed by Q1 futures which are looking to close 0.75% higher at USD 9,350 as of 16:00 GMT. Further down the curve futures have been more resilient with …

FIS Technical – Brent Oct 20 Daily

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Brent Dec 20 Morning Technical Comment – 240 Min – 8/10/20

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Morning Oil Report 8/10/20

Brent crude futures rose 9 cents, or 0.2%, to $42.08 a barrel, after falling 1.6% on yesterday. WTI crude futures rose 3 cents, or 0.1%, to $39.98 a barrel at 0435 GMT, after falling 1.8% yesterday.   EIA Data week ending 10/2 Crude oil: +0.5M Gasoline: -1.4M Distillates: -1.0M Refiner utilz: 77.1%   Prices moved …

Capesize rates plunge after paper selloff

Capesize freight rates slumped into losses after aggressive selloff in the paper market, especially for the Oct and Q4 contracts. Thus, the Capesize 5 time charter average fell by $1,431 day-on-day to $33,465 on Wednesday, after the physical market came under pressure. The Baltic Dry Index (BDI) followed by the slump but still managed to …

Fuel Oil Daily Evening Report 7/10/20

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Monthly Fuel Oil Report – Sep 2020

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FIS CASTAWAY – EPISODE 27

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  …

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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