Tag archives: FO

Daily Capesize Review 19/1/21

Capesize freight rates rose on firmer physical Atlantic basin, while the Pacific basin remained soft due to market uncertainty at the aftermath of cyclone. The Capesize 5 time charter average then rebounded from losses to gain by $607 day-on-day to $24,148 on Tuesday, after a choppy trading session. The Baltic Dry Index (BDI) followed the …

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Morning Oil Report 20/1/21

U.S. West Texas Intermediate (WTI) crude futures climbed 37 cents, or 0.7%, to $53.35 a barrel at 0427 GMT, building on a 1.2% rise on Tuesday. Brent crude futures rose 35 cents, or 0.6%, to $56.25 a barrel, adding to a 2.1% gain on Tuesday.   The day has come for the inauguration of Joe …

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Morning Oil Report 19/1/21

Brent crude futures for March rose 20 cents, or 0.4%, to $54.95 a barrel by 0351 GMT after slipping 35 cents in the previous session. U.S. West Texas Intermediate crude was at $52.19 a barrel, down 17 cents, or 0.3%. There was no settlement on Monday as U.S. markets were closed for a public holiday. …

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Daily Capesize Review 18/1/21

Capesize freight rates continued to slide further in choppy trading session with market concerns on cyclone development off Australia. The Capesize 5 time charter average then dropped for the fourth consecutive days by $448 day-on-day to $23,541 on Monday, following a selloff in Asian market. The Baltic Dry Index (BDI) also slid slightly by 0.80% …

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Iron Ore Offshore Nov 20 Morning Technical Comment – 240 Min Chart (rolling contract) 18/1/21

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