*Oil Prices Rebound 2% on Trump’s health, Norway Strike Escalation* News surrounding Trump’s heath dominated headlines this weekend as there were conflicting reports arising from the US regarding the truth on the state of the President’s recovery from Covid-19. The general sentiment is that his condition is improving and as a result oil was given …
Tag archives: FO
Brent Dec 20 Morning Technical Comment – 240 Min
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): …
Continue reading “Brent Dec 20 Morning Technical Comment – 240 Min”
Morning Oil Report 5/10/20
Brent up to $40.11 a barrel by 0503 GMT, gaining 84 cents or 2.1%. U.S. WTI crude was at $37.96 a barrel, up 91 cents, or 2.5%. US reports over the weekend have been mixed on the health of the President, with his doctors refusing to disclose whether he had been administered oxygen after …
Fuel Oil Daily Evening Report 2/10/20
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): …
Brent Dec 20 Morning Technical Comment – 240 Min
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 …
Continue reading “Brent Dec 20 Morning Technical Comment – 240 Min”
Oil Through the Looking Glass 02/10/20
*Oil Extends Losses after Trump Tests Positive for COVID-19* News of positive tests of the President of the United States and the First Lady triggered Brent prices to fall 3% to lows of $39.40 per barrel today. The bearish news added to an already mixed market, with the news that OPEC+ compliance was lower than …
Capesize rates surge on robust physical market
Capesize freight rates jumped on strong physical market with huge gains for October contracts due to better shipping outlook. The Capesize 5 time charter average then hiked up by $3,701 day-on-day to $29,332 on Thursday, due to decent demand in both Atlantic and Pacific basins. The Baltic Dry Index (BDI) also rose by 8.35% or …
Continue reading “Capesize rates surge on robust physical market”
Morning Oil Report
Brent crude fell $1.37, or 3.2%, to settle at $40.93 a barrel after dropping to a low of $39.92. U.S. WTI down $1.50, or 3.7%, at $38.72 after sliding more than 6% to a session low of $37.61. Major news overnight that made headlines was that Trump had tweeted he and the First Lady …
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 …
Brent Dec 20 Morning Technical Comment – 240 Min
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 …
Continue reading “Brent Dec 20 Morning Technical Comment – 240 Min”