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Tag archives: FO
FIS Fuel Oil Morning Report 03/02/2021
U.S. West Texas Intermediate (WTI) crude futures climbed 24 cents, or 0.4%, to $55.00 a barrel at 0447 GMT, for a third straight day of gains. The benchmark hit a one-year high of $55.26 on Tuesday. Brent crude futures rose 26 cents, or 0.5%, to $57.72 a barrel, for a fourth day of gains after …
Daily Capesize Review 2/2/21
Capesize freight rates continued to slump on the growing tonnage list, despite strong bunker prices that failed to support prices. The Capesize 5 time charter average then dropped by $1,463 day-on-day to $14,053 on Tuesday, after a selloff in the market. The Baltic Dry Index (BDI) also plunged by 4.43% day-on-day or 64 points to …
Fuel Oil Daily Evening Report 02/02/21
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European Close 02/02/21
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Brent Daily technical 02/02/21
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Oil and Ore Intraday Morning Technical 02/02/21
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Daily Capesize Review 1/2/21
Capesize freight rates started the week sluggishly, due to thinner market activities and cyclone concerns. The Capesize 5 time charter average then slipped by $159 day-on-day to $15,516 on Monday, due to low trading volume and little buying interests. The Baltic Dry Index (BDI) dipped slightly by 0.55 % day-on-day or 8 points to 1,452 …
FIS Fuel Oil Morning Report 02/02/2021
Brent crude was up 51 cents, or 0.9%, at $56.86 a barrel by 0630 GMT, while U.S. oil gained 53 cents, or 1%, to $54.08 a barrel. Both contracts rose more than 2% in the previous session. Oil output from OPEC nations increased by around 160,000 barrels per day as the new output cuts …
European Close 01/02/21
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