Tag archives: FO
FIS Castaway Podcast Episode 17
Nervous you don’t know enough about Air Freight Futures? Surely you can’t be serious…. Tune in to this week’s episode of FIS Castaway to learn more on AFFAs, and get the usual commodity market analysis from the FIS team. Available now on the FIS website (www.freightinvestorservices.com/media ) Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242 Disclaimer: freightinvestorservices.com/castaway-disclaimer/
Oil Through the Looking Glass 22/7/20
*Narrowing Fuel Oil Contango The dropping contango structure of the fuel oil curve may encourage traders to offload stored supplies of fuel to protect against falling future margins. The front Aug/Sep spread was marked at flat this morning, as the VLSFO market followed the lead of the HSFO in moving from contango back into backwardation. The …
Capesize rates drag down by high tonnage list
Capesize rates spiraled downward due to high tonnage list that resulted weakness in the Pacific market. As such, the Capesize 5 time charter average dropped further by $1,834 day-on-day to $22,635 on Tuesday, after a steep sell off down the curve during late afternoon session. Following the decline, the Baltic Dry Index (BDI) slipped by …
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Iron Ore Offshore Aug 20 Morning Technical Comment – 240 Min Chart
FIS Fuel Oil Morning Report 22/07/2020
Brent futures tumbled 35 cents, or 0.8%, to $43.97 a barrel by 5:41 am GMT, and WTI futures plunged 39 cents, or 0.9%, to $41.53. Front-month September ICE Brent futures briefly touched a four-month high above $44.80/b in the US trading sessions as investor optimism was buoyed by promising results from multiple COVID-19 vaccine trials …
Fuel Oil Daily Evening Report
FIS Technical – Oil and Ore
Oil and Ore Intraday Morning Technical
Capesize rates dip on subdued markets
Capesize rates reversed into losses after sluggish start to the week with little shipping activities. Thus, the Capesize 5 time charter average dropped by $616 day-on-day to $24,469 on Monday, due to the subdued Pacific and Atlantic market. The Baltic Dry Index (BDI) then followed the dip and slipped by 1.87% day-on-day to 1,678 readings …