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Tag archives: FO
Fuel Oil Daily Evening Report
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Oil and Ore Intraday Morning Technical
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Capesize rates hit a roofer on market optimism
Capesize freight rates hit a roofer due to market bullish sentiment and the thinner ballaster list that supported higher rates. The Capesize 5 time charter average jumped by $1,363 day-on-day to $18,592 on Wednesday, due to the upward momentum seen in both basins. Thus, the Baltic Dry Index (BDI) surged up by 4.55% or 62 …
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Morning Oil Report
U.S. West Texas Intermediate (WTI) crude futures fell 60 cents, or 1.5%, to $39.33 a barrel at 0445 GMT, while Brent crude futures dropped 47 cents, or 1.1%, to $41.30 a barrel. The market sentiment is well and truly mixed on the news of rising investor risk appetite and reports from the US that …
London Iron Ore Market Report
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Capesize rates jump on better physical market
Capesize freight rates bounced from the recent slump and pushed up significantly on good shipping demand. As such, the Capesize 5 time charter average jumped by $1,140 day-on-day to $17,229 on Tuesday, with the September and October contracts making big gains. The Baltic Dry Index (BDI) chased the rally and saw gain of 3.81% or …
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Morning Oil Report
Brent crude was down 30 cents, or 0.7%, at $41.42 per barrel. U.S. West Texas Intermediate (WTI) crude for October, dropped 34 cents, or 0.9%, to $39.46. As the UK Lockdown measures become stricter for the foreseeable future, America are relieved at the fact that Storm Beta has weakened along the Gulf Coast. 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 …
Oil and Ore Intraday Morning Technical
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 …