Capesize freight rates continued to gain on improving shipping demand in both basins especially among key routes. The Capesize 5 time charter average then inched up by $242 day-on-day to $31,634 on Thursday, after a volatile session. The Baltic Dry Index (BDI) also went up slightly by 0.82% or 23 points on-day to 2,824 readings, …
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European Close 20/05/21
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Fuel Oil Daily Evening Report 20/05/21
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Oil and Ore Intraday Morning Technical 20/05/21
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Daily Capesize Review 19/5/21
Capesize freight rates improved on better market outlook, supported by better Pacific basin, though Atlantic basin was depressed by the long ballaster list. The Baltic Dry Index (BDI) then went up slightly by 0.21% or 6 points on-day to 2,801 readings, due to the improving freight rates. Improving Pacific basin amid sluggish Atlantic market …
Fuel Oil Morning Report 20/05/21
At 10:49 am Singapore time (0249 GMT), the ICE Brent July contract rose 5 cents/b (0.08%) from the May 19 settle at $66.71/b, while the June NYMEX light sweet crude contract was up 6 cents/b (0.09%) at $63.41/b. EIA week ending 5/14 Crude oil: +1.3M Gasoline: -2.0M Distillates: -2.3M Refiner utilz: 86.3% Impld mogas …
European Close 19/05/21
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 US (FL): +1 813 490 6630
Fuel Oil Daily Evening Report 19/05/21
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 US (FL): +1 813 490 6630
FIS Castaway Podcast – Episode 55 19/05/21
FIS Castaway Podcast – Episode 55 With storm clouds over London this week, we try to clear things up about what’s been happening with the dramatic falls on freight, whispers of Iranian oil coming back, and strong steel mill margins in China, on this week’s Castaway podcast. Listen Below: …
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Oil and Ore Intraday Morning Technical 19/05/21
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 US (FL): +1 813 490 6630