Tag archives: FO

Daily Capesize Review 23/11/21

Capesize freight rates continued to rally on better shipping demand and higher commodity prices, though some trade participants deemed the rally as short-lived due to coming holidays. The Capesize 5 time charter average, then grew by $1,421 day-on-day to $33,631 on Tuesday, as the paper market turned bullish after a positive start at the week. …

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Oil and Products Morning Report 24/11/21 24/11/21

At 10:23 am Singapore time (0223 GMT), the ICE January Brent futures contract was up 14 cents/b (0.17%) from the previous close at $82.45/b, while the NYMEX January light sweet crude contract was 25 cents/b (0.32%) higher at $78.75/b.   Oil prices continued to climb after settling 2.3%-3.3% higher overnight as investors deemed the scale …

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ENGINE: Europe & Africa Bunker Fuel Market Update 23/11/21

Low sulphur bunker prices have ticked up across Europe and Africa, and suppliers continue to clear backlogs after weather disruptions in the Gibraltar Strait.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Rotterdam and Gibraltar ($6/mt) LSMGO prices up in Rotterdam ($10/mt), Durban ($9/mt) and Gibraltar ($6/mt) HSFO …

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ENGINE: East of Suez Bunker Fuel Market Update 23/11/21

East of Suez bunker fuel prices are mixed amid a slight rise in Brent crude, and bad weather is set to hamper bunker deliveries in South Korea.   Changes on the day to 16.00 SGT (08.00 GMT) VLSFO prices up in Singapore ($2/mt), and down in Fujairah ($6/mt) and Zhoushan ($2/mt) LSMGO prices up in …

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Oil and Ore Intraday Morning Technical 23/11/21

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 (KS): +1-203-979-7023

Oil and Products Morning Report 23/11/21

At 10:12 am Singapore time (0212 GMT), the ICE January Brent futures contract was down 15 cents/b (0.19%) from the previous close at $79.55/b, while the NYMEX January light sweet crude contract fell 31 cents/b (0.40%) to $76.44/b.   The decline on Nov. 23 comes after oil prices bounced off 7-week lows in the overnight …

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