Brent crude was higher by 54 cents, or 0.9%, at $62.49 a barrel by 0432 GMT, after dropping 3.8% on Thursday before pushing to just under $63.00 by 0700GMT. U.S. West Texas Intermediate (WTI) crude was up 65 cents, or 1.1%, at $59.21 a barrel, having tumbled 4.3% a day earlier. Both benchmarks were on …
Tag archives: FO
Daily Capesize Review 25/3/21
Capesize freight rates rebounded slightly with some improvement in the key trading routes amid sluggish market. The Capesize 5 time charter average then rose by $124 day-on-day to $18,490 on Thursday, with improving market sentiment on shipping demand. The Baltic Dry Index (BDI), however continued to drop by 1.00% or 22 points to 2,172 readings, …
European Close 25/03/21
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Fuel Oil Daily Evening Report 25/03/21
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Daily Capesize Review 24/3/21
Capesize freight rates continued to slide on sluggish market, but faced little impact from the blockage at Suez Canal. The Capesize 5 time charter average then dropped by $748 day-on-day to $18,366 on Wednesday, as cape derivative continued to decline. The Baltic Dry Index (BDI) also went down further by 3.39% or 77 points to …
FIS Fuel Oil Morning Report 25/03/21
Brent crude futures slid $1.33, or 2.1%, to $63.08 a barrel at 0559 GMT, after jumping 6% overnight. U.S. West Texas Intermediate (WTI) crude futures dropped by $1.40, or 2.3%, to $59.78 a barrel, after climbing 5.9% overnight. EIA week ending 3/19 Crude oil: +1.9M Gasoline: +0.2M Distillates: +3.8M Refiner utilz: 81.6% Impld mogas …
Fuel Oil Daily Evening Report 24/03/21
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FIS Castaway Podcast – Episode 47 24/03/21
FIS Castaway Podcast – Episode 47 – Air Passenger Special Serious volatility in air passenger travel has us asking CEO Mark Howarth of Skytra about their index for air passenger travel pricing. Learn about incredible new tools for hedging and trading this vital sector, along with our usual news and updates, on …
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Oil and Ore Intraday Morning Technical 24/03/21
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 (KS): +1 813 490 6630
FIS Fuel Oil Morning Report 24/03/21
Brent crude futures rose 8 cents, or 0.1%, to $60.87 a barrel by 0454 GMT, after tumbling 5.9% and hitting a low of $60.50 the previous day. West Texas Intermediate (WTI) crude futures climbed 8 cents, or 0.1%, to $57.84 a barrel, having lost 6.2% and touched a low of $57.32 on Tuesday. Both benchmarks …