FIS API Blog
Bunker prices extend their gains as Brent reaches above $76/bbl for the first time in two months, and Gibraltar Strait bunkering has been delayed by rough weather. Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($9/mt), Gibraltar ($7/mt) and Rotterdam ($6/mt) LSMGO prices up in Durban ($10/mt), Gibraltar ($5/mt) …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 23/9/21”
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Iron ore futures booked more gains as restocking activities increased in preparation for the upcoming Golden week holidays in October. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 3.89% day-on-day or up RMB 25 to RMB 667/mt, during the day trading session on Thursday. The rebar future also jumped up …
The Future of Fuel Oil With ESG concerns at the forefront, and debate on the future of bunker fuels, we ask our ‘oracle’ at Integr8 fuels, Anton Shamray, for his thoughts on the future direction of this vital market. Listen Below: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-73/ Spotify – https://open.spotify.com/episode/3jqV1Y0z4wAZfX8mOYjHLQ?si=3MnFsI84TiGCoDUjyAvdKg&dl_branch=1 iTunes – https://podcasts.apple.com/gb/podcast/episode-73-future-of-fuel-oil/id1507094242?i=1000536257246 …
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 (FL): +1 813 490 6630
Capesize freight rates continued to rally, due to tighter tonnage and port congestion among Chinese ports that extended turnaround time. The Capesize 5 time charter average, then rose by $3,446 day-on-day to $59,715 on Wednesday, as most of the Chinese trade participants returned to the market from holidays. The Baltic Dry Index (BDI) then jumped …
A near $2/bbl Brent jump has lifted prices across major bunker locations in the Americas in the past day, and bunkering has resumed after a weather suspension in Zona Comun. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($23/mt), Balboa ($18/mt), Los Angeles ($17/mt) and New …
Continue reading “ENGINE: Americas Bunker Fuel Market Update 22/9/21”
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 (FL): +1 813 490 6630
At 0210 GMT, Brent futures contract was up 15 cents/b (0.2%) from the previous close at $76.34/b, while the NYMEX November light sweet crude contract was 9 cents/b (0.12%) higher at $72.32/b. “Crude prices rallied after US stockpiles tumbled to the lowest levels since October 2018,” said OANDA senior market analyst Edward Moya, adding …
News Headlines: OIL DAYBOOK EUROPE: Key U.S. Crude Price Weakens; OPEC Warning (Bloomberg) Prices for one of the most important grades of U.S. oil slid for a second day as production begins to resume in Gulf of Mexico wells shut by Hurricane Ida more than three weeks ago. Royal Dutch Shell Plc restarted the Amberjack …
