Daily Capesize Review 11/3/21

Capesize freight rates retreated from recent rally, as trade participants took a breather from the bullish market outlook. The Capesize 5 time charter average then went down by $536 day-on-day to $17,353 on Thursday, after a choppy session. The Baltic Dry Index (BDI) also dropped slightly by 0.51% or 10 points to 1,970 readings, amid …

FIS Fuel Oil Morning Report 12/03/21

Brent crude futures for May slipped 11 cents, or 0.2%, to $69.52 a barrel by 0403 GMT before sling even further to $69.12 by 0700GMTwhile U.S. West Texas Intermediate crude for April was at $65.83 a barrel, down 19 cents, or 0.3%. Front month Brent is on track to post eight consecutive weeks of gains …

Daily Capesize Review 10/3/21

Capesize freight rates continued to firm up on bullish paper market with strong gains in both basins. The Capesize 5 time charter average then surged up by $1,719 day-on-day to $17,889 on Wednesday, due to better shipping outlooks. The Baltic Dry Index (BDI) also hiked up by 4.16% or 79 points to 1,980 readings, amid …

FIS Fuel Oil Morning Report 11/03/21

Brent crude oil futures for May rose 55 cents, or 0.8%, to $68.45 a barrel by 0328 GMT, while U.S. West Texas Intermediate crude for April was up 52 cents, or 0.8%, at $64.96.   EIA week ending 3/5 Crude oil: +13.8M Gasoline: -11.9M Distillates: -5.5M Refiner utilz: 69.0% Impld mogas demand: 8.73Mbpd   Gains …

FIS Castaway Podcast – Episode 45 10/03/21

FIS Castaway Podcast – Episode 45   Confused? Missed last week’s volatile markets? Look no further, listen to this week’s Castaway to get updated on our main shipping and commodity markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-45-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/2xDjvDLVXCM5aSBmubF4xH?si=ED09gjreRDGOSMWUPqUSoA   And iTunes https://podcasts.apple.com/gb/podcast/episode-45/id1507094242?i=1000512386620     Disclaimer: This podcast is a marketing communication and is not based …