FIS API Blog
Bunker prices have slumped to two-week lows in major East of Suez ports, as Brent fell below $70/bbl earlier today under pressure from a build in US crude stocks and lockdown measures in China. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($20/mt), Zhoushan ($18/mt) and Singapore …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 5/8/21”
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Brent crude oil futures rose by 19 cents, or 0.3%, to $70.57 a barrel by 0438 GMT, while U.S. West Texas Intermediate (WTI) crude futures increased by 23 cents, or 0.3%, to $68.38 a barrel. Both benchmarks fell by more than $2 a barrel on Wednesday. EIA week ending 7/30 Crude oil: +3.6M …
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
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
European and African bunker prices have edged down, tracking Brent as the futures contract falls for a fourth consecutive day. Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($7/mt), Durban ($2/mt) and Rotterdam ($1/mt) LSMGO prices down in Rotterdam ($3/mt) and Gibraltar and Durban ($1/mt) HSFO prices down in …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 4/8/21”
FIS Castaway Podcast – Episode 66 Iron ore leads the fall as we discuss Chinese emissions targets, OPEC+ production, and typhoon congestion affecting the ferrous, oil and freight markets. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-66/ Spotify https://open.spotify.com/episode/4cIFXumuQH7h3yKMHtM3SC?si=813wyHFoTvWFnPujqMGwSA&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-66/id1507094242?i=1000530964587 Disclaimer: This podcast is a marketing communication and …
Continue reading “FIS Castaway Podcast – Episode 66 04/08/21”
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
Bunker prices have mostly gained in East of Suez in the past day, recovering some of the sharp losses made under pressure from tumbling Brent values at the beginning of the week. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($4/mt) and Singapore ($3/mt), and down in …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 4/8/21”
Capesize freight rates improved with more shipping activities, though there were oversupply concerns among trade participants. The Capesize 5 time charter average, then dipped by $213 day-on-day to $35,216 on Tuesday, after showing signs of improvement. The Baltic Dry Index (BDI) also went down slightly by 0.03% day-on-day, or 1 point to 3,281 readings, despite …
