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Tag archives: FO
Oil and Ore Intraday Morning Technical 7/1/21
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Morning Oil Report 7/1/21
Brent crude was up 40 cents, or 0.7%, at $54.70 a barrel by 0512 GMT before pushing up to highs of $54.85 at 0700GMT, after gaining 1.3% overnight. U.S. West Texas Intermediate (WTI) gained 43 cents, or 0.9% to $51.06. The contract rose 1.4% on Wednesday. EIA week ending 1/1 Crude oil: -8.0M Gasoline: …
Capesize rates drop on low cargo list
Capesize freight rates dipped on mixed market sentiments, due to lower cargoes list in the physical market. The Capesize 5 time charter average then went down slightly by $98 day-on-day to $17,310 on Wednesday, from a subdued trading market. The Baltic Dry Index (BDI), however rose slightly by 0.49 % or 7 points to 1,425 …
Fuel Oil Daily Evening Report
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European Close 6/1/21
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Capesize rates rise on supply tightness in the Pacific
Capesize freight rates continued to hike upward on better physical market especially on the improving Pacific basin. The Capesize 5 time charter average then went up by $752 day-on-day to $17,408 on Tuesday, with bullish movements seen in the Jan and Feb contract. The Baltic Dry Index (BDI) also rose by 3.20 % or 44 …
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Oil and Ore Intraday Morning Technical 6/1/21
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
Morning Oil Report 6/1/21
Brent crude rose as much as nearly 1% to $54.09 a barrel, the highest since Feb. 26, 2020. It was at $53.87 a barrel at 0536 GMT after jumping 4.9% on Tuesday. U.S. West Texas Intermediate (WTI) futures reached $50.24 a barrel, also the highest since Feb. 26, before slipping to $50. The contract on …
Fuel Oil Daily Evening Report
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