At 10:30 am Singapore time (0230 GMT), the ICE December Brent futures contract was down 61 cents/b (0.73%) from the previous close at $82.81/b, while the NYMEX November light sweet crude contract was 58 cents/b (0.72%) lower at $80.06/b. The pause in the recent sustained rally could prompt profit taking, but that may also …
Tag archives: FO
Daily Capesize Review 12/10/21
Capesize freight rates fell further on steep selloff market actions, amid thin tonnage volumes and good market fundamentals. The Capesize 5 time charter average, then slipped down by $3,187 day-on-day to $79,535 on Tuesday, as paper market extended losses. The Baltic Dry Index (BDI) also dropped by $110, down 2% day-on-day, to $5,378, due to …
European Close 12/10/21
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Monthly Fuel Oil Report 12/10/21
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Fuel Oil Daily Evening Report 12/10/21
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ENGINE: Global Physical Bunker Market Update 12/10/21
Bunker prices have moved in mixed directions today, as Brent values have been volatile throughout most of the day. Changes in the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($20/mt), Fujairah ($7/mt), Gibraltar ($6/mt), and down in Houston and Singapore ($18/mt) LSMGO prices up in Fujairah ($30/mt), Singapore ($27/mt), Gibraltar ($12/mt), …
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Oil and Ore Intraday Morning Technical 12/10/21
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Daily Capesize Review 11/10/21
Capesize freight rates continued to fall amid market uncertainty and profit-taking in the paper market. The Capesize 5 time charter average, then went down by $1,143 day-on-day to $82,722 on Monday, despite good market fundamentals. The Baltic Dry Index (BDI) also dropped by $38, down 0.69% day-on-day, to $5,488, due to weakening freight rates. …
FIS Fuel Oil Morning Report 12/10/21
At 11 am Singapore time (0300 GMT), the ICE December Brent futures contract was down 7 cents/b (0.08%) from the previous close at $83.58/b, while the NYMEX November light sweet crude contract was 13 cents/b (0.16%) lower at $80.39/b. Tightened US supply has supported prompt-month WTI prices and contributed to the widening backwardation of …
European Close 11/10/21
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