Capesize freight rates rose on bullish market outlook, with firm physical market supported by slight uptick in bunker prices. The Capesize 5 time charter average then rose by $2,065 day-on-day to $25,976 on Monday, as traders hurried to short cover at the start of the week. The Baltic Dry Index (BDI) also hiked up on …
Tag archives: FO
FIS Fuel Oil Morning Report 13/04/21
Brent crude oil futures were up 31 cents, or 0.5%, at $63.59 a barrel by 0356 GMT while U.S. crude oil futures gained 28 cents, or 0.5%, to $59.98 a barrel. Robust data coming from China regarding their imports and export data gave oil prices some support overnight, with its imports growing to the …
European Close 12/04/21
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
Monthly Fuel Oil Report 12/04/21
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Fuel Oil Daily Evening Report 12/04/21
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Daily Capesize Review 9/4/21
Capesize freight rates rallied on better shipping demand, especially with more cargoes coming from the Atlantic market. The Capesize 5 time charter average then rose by $1,037 day-on-day to $23,911 on Friday, due to market optimism for Forward Freight Agreement (FFA). The Baltic Dry Index (BDI), however, dipped slightly after recent rally and went down …
Fuel Oil Daily Evening Report 09/04/21
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
European Close 09/04/21
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
FIS Technical – Brent June 21 09/04/21
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FIS Fuel Oil Morning Report 09/04/21
At 11.05 am Singapore time (0234 GMT), the ICE Brent June contract slipped 5 cents/b (0.08%) from the April 8 settle at $63.15/b, while the May NYMEX light sweet crude contract was up 11 cents/b (0.18%) at $59.71/b. Oil prices have been struggling to find any directional rhythm over the past few weeks with …