Morning Oil Report 22/12/21

At 9:57 am Singapore time (0157 GMT), the ICE February Brent futures contract was up 43 cents/b (0.58%) from the previous close at $74.41/b, while the NYMEX February light sweet crude contract was 55 cents/b (0.77%) higher at $71.67/b.   API Crude -3.670M Cushing +1.272M Gasoline +3.701M Distillate -0.849M   Analysts said Asian markets were …

Macro Weekly Analysis Report 21/12/21

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

Daily Capesize Review 20/12/21

Capesize freight rates rebounded from recent weakness and after a series of corrections, during the last trading weeks for the year. The Capesize 5 time charter average, then jumped up by $670 day-on-day to $23,283 on Monday, as the market bottomed out from recent slump. The Baltic Dry Index (BDI) however, dipped slightly by $8, …

Oil and Products Morning Report 17/12/21

At 10:12 am Singapore time (0212 GMT), the ICE February Brent futures contract was down 11 cents/b (0.15%) from the previous close at $74.91/b, while the NYMEX January light sweet crude contract fell 18 cents/b (0.25%) at $72.20/b. Both benchmarks had settled higher by 1.5%-2.1% overnight.     Investors have seen few fresh developments or …