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Tag archives: FO
Fuel Oil Daily Evening Report 01/10/21
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Daily Capesize Review 30/9/21
Capesize freight rates slumped to end its bullish run, as market concerns turned to mine closures and China’s public holidays. The Capesize 5 time charter average, then dropped by $610 day-on-day to $74,176 on Thursday, after some selloff in the market. The Baltic Dry Index (BDI) then dipped by $30, down 0.58% day-on-day, to $5,167, …
FIS Fuel Oil Morning Report 30/09/21
Brent crude futures fell 7 cents, or 0.1%, to $78.24 a barrel at 0415 GMT, but were still heading for a small rise on the week, marking a fourth straight week of gains. U.S. West Texas Intermediate (WTI) crude futures slipped 6 cents to $74.97 a barrel, though the contract remained on track to post …
European Close 30/09/21
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Fuel Oil Daily Evening Report 30/09/21
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Oil and Ore Intraday Morning Technical 30/09/21
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Daily Capesize Review 29/9/21
Capesize freight rates extended its rally to record-high levels, with supports from tight tonnage supply and better shipping demand. The Capesize 5 time charter average, then jumped by $5,773 day-on-day to $74,786 on Wednesday, despite some profit taking in the session. The Baltic Dry Index (BDI) then rose by $235, up 4.74% day-on-day, to $5,197, …
FIS Fuel Oil Morning Report 30/09/21
At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was down 24 cents/b (0.31%) from the previous close at $78.40/b, while the NYMEX November light sweet crude contract was 5 cents/b (0.05%) lower at $74.78/b. EIA weekly data Crude stocks +4.578M Gasoline stocks +0.193M Distillate stocks +0.384M Cushing stocks +0.131M …
ENGINE: Americas Bunker Fuel Market Update 30/09/21
Bunker prices have mostly come off with Brent across the Americas in the past day, while Balboa’s prices have gained again. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($5/mt), and down in New York and Los Angeles ($7/mt), Zona Comun ($4/mt) and Houston ($3/mt) LSMGO …
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