Tag archives: FO

Daily Capesize Review 11/3/21

Capesize freight rates retreated from recent rally, as trade participants took a breather from the bullish market outlook. The Capesize 5 time charter average then went down by $536 day-on-day to $17,353 on Thursday, after a choppy session. The Baltic Dry Index (BDI) also dropped slightly by 0.51% or 10 points to 1,970 readings, amid …

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FIS Fuel Oil Morning Report 12/03/21

Brent crude futures for May slipped 11 cents, or 0.2%, to $69.52 a barrel by 0403 GMT before sling even further to $69.12 by 0700GMTwhile U.S. West Texas Intermediate crude for April was at $65.83 a barrel, down 19 cents, or 0.3%. Front month Brent is on track to post eight consecutive weeks of gains …

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Daily Capesize Review 10/3/21

Capesize freight rates continued to firm up on bullish paper market with strong gains in both basins. The Capesize 5 time charter average then surged up by $1,719 day-on-day to $17,889 on Wednesday, due to better shipping outlooks. The Baltic Dry Index (BDI) also hiked up by 4.16% or 79 points to 1,980 readings, amid …

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