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 …
Category archives: Fuel Oil
Fuel Oil Daily Evening Report 2/10/20
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Brent Dec 20 Morning Technical Comment – 240 Min
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Morning Oil Report
Brent crude fell $1.37, or 3.2%, to settle at $40.93 a barrel after dropping to a low of $39.92. U.S. WTI down $1.50, or 3.7%, at $38.72 after sliding more than 6% to a session low of $37.61. Major news overnight that made headlines was that Trump had tweeted he and the First Lady …
Fuel Oil Daily Evening Report
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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
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Capesize rates jump on Brazilian fixing spree
Capesize freight rates surged up on flurry of fixtures being done in physical market, especially in the Brazilian market. The Capesize 5 time charter average then rose by $1,818 day-on-day to $25,631 on Wednesday, due to bullish market sentiment. The Baltic Dry Index (BDI) then jumped by 4.04% or 67 points day-on-day to 1,725 readings …
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Morning Oil Report
Brent crude futures climbed 2 cents to $42.32 a barrel, after falling 0.2% overnight. U.S. WTI crude futures eased 1 cent to $40.21 a barrel at 0532 GMT , after jumping 2.4% on Wednesday. The EIA figures on Wednesday afternoon produced a mixed response from market participants, with a 2 million barrel draw in …
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): +1 813 490 …