Good morning all. Brent futures rose 30 cents, or 0.7%, to $45.10/b by 4:10 am GMT, while futures were up 34 cents, or 0.8%, to $42.35 a barrel. A delay in the meeting between US and China, which was to occur over the weekend, to review its trade agreement did not dampen investors’ sentiment …
Tag archives: FO
Oil Evening Report 14/8/20
Click below link for the Evening Oil Report https://freightinvestorservices.com/wp-content/uploads/2020/08/140820Fuel-Oil-Swap-Daily-Report.pdf For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Ship Shape – FIS Commodity Weekly 14/8/20
The Quiet Before the Storm As thunder and lightning rages around the British Isles, you can’t help but draw a parallel with global markets. As we come towards the end of summer, having had what little respite we have been allowed with lockdown measures, the low activity and pause for many markets may now …
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Morning Oil Report 14/8/20
Brent futures were up 14 cents/b, or 0.3%, at $45.10/b by 5:50 am GMT, while WTI futures were up 11 cents/b, or 0.3%, at $42.35/b. Prices have been bolstered this week by EIA data released on August 12 reporting a 4.51 million-barrel draw in US commercial crude inventories, exceeding market expectations for the third …
Evening Oil Report 13/8/20
Please click below to view the report https://freightinvestorservices.com/wp-content/uploads/2020/08/130820Fuel-Oil-Swap-Daily-Report.pdf For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568
Castaway Podcast Episode 20
Soy Castaway Podcast. Join us for our 20th edition, where we are joined by Chris Pardey our agriculture expert (outstanding in his field) as he joins in our panel discussion about freight and commodity markets. Available now on the FIS website (https://freightinvestorservices.com/blog/fis-castaway-eps-20-unprecedented-coverage-in-unprecedented-times/ ) Spotify https://open.spotify.com/episode/5zq56HOVC5DRP6gPBw5AA5?si=OrkWqJAvTCymSwG-vKBfvQ And Apple https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=80b302ce-68c9-9fe7-0f6e-774d50501338
Oil Through the Looking Glass 13/8/20
*US Demand Rebounds The EIA reported yesterday that US crude, gasoline and distillate stock levels all dropped last week even with an increase in refinery production. This shows us that American demand for crude and oil products is finally looking like it is bouncing back. Refinery utilisation was up 1.4% to 81% of total capacity, …
Capesize rates getting support from port congestion
Capesize rates firmed on better market sentiments with freight rates getting some support from the port congestion situation in China. Thus, the Capesize 5 time charter average inched up by $135 day-on-day to $19,339 on Wednesday, with a late rally in Sep and Q4 contracts that added to bullish market tone. Thus, the Baltic Dry …
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Morning Oil Report 13/8/20
Morning all. Brent futures were down 8 cents at $45.35/b at 7:26 GMT, while WTI futures were down by 4 cents at $42.62. US Energy Information Administration data released on August 12 showed that US commercial crude inventories fell 4.51 million barrels to 513.08 million barrels for the week ended August 7 and narrowed …
Evening Oil Report 12/8/20
Click below link for the Evening Oil Report https://freightinvestorservices.com/wp-content/uploads/2020/08/120820Fuel-Oil-Swap-Daily-Report.pdf For more information please contact FIS Oil Desk info@freightinvestor.com UK number: +44 (0) 207 090 1134 Shanghai number: +86 (0)21 63012568