Capesize freight rates spotted slight gains on the improving physical market, especially from better shipping demand in the Pacific market. The Capesize 5 time charter average then inched up by $232 day-on-day to $32,825 on Monday, as the paper market maintained its bullish run since last week. The Baltic Dry Index (BDI) also hiked up …
Tag archives: FO
FIS Fuel Oil Morning Report 25/05/21
Brent crude futures LCOc1 were up 14 cents, or 0.2%, at $68.60 a barrel by 0400 GMT, having jumped 3% on Monday. U.S. West Texas Intermediate futures CLc1 was up 8 cents at $66.13 a barrel, after gaining 3.9% the previous session. The case for oil to remain on target to hit $80 is …
Fuel Oil Daily Evening Report 24/05/21
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Oil and Ore Intraday Morning Technical 24/05/21
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Daily Capesize Review 21/0/5/21
Capesize freight rates inched up amid bullish sentiment in the paper market, though the physical market remained sluggish. The Capesize 5 time charter average then rose by $959 day-on-day to $32,593 on Friday, as the paper market extended its bullish run. The Baltic Dry Index (BDI) also went up slightly by 1.59% or 45 points …
FIS Fuel Oil Morning Report 24/05/21
At 11:39 am Singapore time (0339 GMT), the ICE Brent July contract was up 50 cents/b (0.75%) from the May 21 settle at $66.94/b, while the July NYMEX light sweet crude contract was up 60 cents/b (0.94%) at $64.18/b. Last week saw a dramatic decline for the brent front month futures as a result …
European Close 21/05/21
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Fuel Oil Daily Evening Report 21/05/21
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Oil and Ore Intraday Morning Technical 21/05/21
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Fuel Oil Morning Report 21/05/21
At 11:05 am Singapore time (0305 GMT), the ICE Brent July contract was up 1 cent/b (0.02%) from the May 21 settle at $65.12/b, while the July NYMEX light sweet crude contract was up 14 cents/b (0.23%) at $62.08/b. Iranian President Hassan Rouhani sent oil prices into a tailspin May 20 when he said …