Tag archives: FO

FIS Fuel Oil Morning Report 22/02/21

Brent crude was up 76 cents, or 1.2%, at $63.67 a barrel by 0104 GMT before tapering off slightly into the European morning session to print $63.53 by 0730GMT, after gaining nearly 1% last week. U.S. oil rose 74 cents, or 1.3%, to $59.98 a barrel, having fallen 0.4% last week.   Investment bank Goldman …

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Daily Capesize Review 17/2/21

Capesize freight rates hiked up on market optimism with rising Panamax segment that led to market talks of using Capesize vessels for Panamax cargoes. The Capesize 5 time charter average then rose sharpy by $3,5542 day-on-day to $15,856 on Wednesday, in view of better post-holiday demand in key routes. The Baltic Dry Index (BDI) also …

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