Tag archives: FO

Daily Capesize Review 16/6/21

Capesize freight rates continued its bullish run, due to better market outlook with improving physical demand. The Capesize 5 time charter average, then rose by $2,618 day-on-day to $33,258 on Wednesday, after much premiums on the FFA market that might translated to the physical market. The Baltic Dry Index (BDI) then followed the rally and …

Continue reading “Daily Capesize Review 16/6/21”

FIS Fuel Oil Morning Report 17/06/21

At 10:17 am Singapore time (0217 GMT), the ICE August Brent futures contract was down 77 cents/b (1.04%) from the previous settle at $73.62/b, while the NYMEX July light sweet crude contract was down 72 cents/b (1.00%) at $71.43/b.   EIA week ending 6/11 Crude oil: -7.4M Gasoline: +2.0M Distillates: -1.0M Refiner utilz: 92.6% Impld …

Continue reading “FIS Fuel Oil Morning Report 17/06/21”

FW: FIS Castaway Podcast – Episode 59 16/06/21

    FIS Castaway Podcast – Episode 59   As Capes jump over 50% week on week, we discuss the ‘extra-terrestrial’ trajectory and where it could go, as well as the oil and iron ore markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-59/   Spotify https://open.spotify.com/episode/5sy3C4Augg8INXB8KvmnXH?si=JbbHCdEdSWqjuuf9KqNQuQ&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-59/id1507094242?i=1000525720614         Disclaimer: This podcast is a …

Continue reading “FW: FIS Castaway Podcast – Episode 59 16/06/21”

FIS Fuel Oil Morning Report 16/06/21

At 10:23 am Singapore time (0223 GMT), the ICE August Brent futures contract was up 62 cents/b (0.84%) from the previous settle at $74.61/b while the NYMEX July light sweet crude contract was up 59 cents/b (0.82%) at $72.71/b.   API figures last night posted a larger than expected draw on crude to the tune …

Continue reading “FIS Fuel Oil Morning Report 16/06/21”