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 …
Tag archives: FO
Capesize rates gain on better market outlook
Capesize freight rates spotted a gain on better physical activities and expectation of another rally in Q4. The Capesize 5 time charter average went up by $211 day-on-day to $15,875 on Thursday, on good market volume and market optimism for Q4. The Baltic Dry Index (BDI) then rose by 1.01% or 13 points day-on-day to …
Continue reading “Capesize rates gain on better market outlook”
OTTLG 18.09.2020
**Oil rises 2%, reverses losses as OPEC+ addresses market weakness** Oil prices rose more than 2% on Thursday as OPEC and its allies announced that it would be taking a tougher stance on non-compliance from nations and that it would be calling another meeting if the oil price looked to be weakening even further. The …
Morning Oil Report
Good morning! Brent crude was up 27 cents or 0.6% at $43.57 a barrel with the WTI futures gaining 23 cents or 0.6% to $41.20 a barrel. The main news of the week centred around the OPEC meeting on Thursday and how that would shape the oil production for the rest of the …
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 …
Capesize rates dip for correction phrase
Capesize freight rates took a correction after recent rally as trade participants waited for clearer market directions. The Capesize 5 time charter average dropped by $278 day-on-day to $15,664 on Wednesday, due to a slip in the physical market. The Baltic Dry Index (BDI) then dipped slightly by 0.62% or 8 points day-on-day to 1,281 …
Morning Oil Report
Good morning, Brent crude futures fell 36 cents or 0.8% to $41.86 per barrel, and the WTI benchmark fell 43 cents or 1.1% to $39.73 per barrel after both climbed 4% over Wednesday. EIA data welcomed a much needed draw in crude stocks by 4.4 million barrels which could be the reason for …
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 …
OTTLG 16.09.2020
**BP Says the Era of Oil-Demand Growth Is Over** BP becomes the first oil major to announce that the relentless oil demand is over, something that many thought would last at least another decade. Coronavirus has pushed prices of oil to all time lows through 2020, and BP have reports to show that levels may …
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 …