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
Tag archives: FO
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): +1 813 490 6630
Morning Oil Report
January Brent crude futures, which will expire later on Monday, dropped 94 cents, or 1.95%, to $47.24 a barrel by 0740GMT. The more actively traded February Brent contract was at $47.34 a barrel, down 90 cents. The news of the weekend centred around the story that Iraq will not seek to file an exemption …
Capesize rates continue to improve on firmer market
Capesize freight rates maintained upward climb, due to the improving physical market and higher bunker prices. The Capesize 5 time charter average then went up by $198 day-on-day to $12,712 on Friday, due to market optimism on December shipping demand. The Baltic Dry Index (BDI) followed the better freight rates and booked a gain of …
Continue reading “Capesize rates continue to improve on firmer market”
European Close 27-11-20
Iron ore continues to hold near its highs on the bullish sentiment from BHP earlier in the week. DCE futures produced a Doji star on the daily chart, signaling indecision is creeping into the market, warning that buyers and sellers are in balance. Capesize futures closed the week lower after giving up Wednesday …
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): +1 813 490 6630
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): +1 813 490 6630
Capesize rates continue uptrend momentum on better market
Capesize freight rates continued its upward momentum, due to the improving physical market. The Capesize 5 time charter average went up by $328 day-on-day to $12,514 on Thursday, due to better freight rates. The Baltic Dry Index (BDI) followed the uptrend and booked a gain of 1.84% or 22 points to 1,219 readings. More …
Continue reading “Capesize rates continue uptrend momentum on better market”
Morning Oil Report 27/11/20
Brent crude was down by 10 cents at $47.70 by 0602 GMT, having fallen 1.7% overnight. WTI was down by 86 cents, or 1.9%, at $44.85. U.S. crude prices did not settle on Thursday due to the Thanksgiving holiday. Vaccine news dominated the headlines this week as AstraZeneca could have a vaccine that is …
European Close 26/11/20
BHP today reinforced expectations that the current strength in steel demand will extend into 2021. Earlier in the week it was a roundtable with Morgan Stanley and now UBS (Bloomberg). The reiterating of the message seems to be sinking in, with the December contract trading up to a new high of USD 127.64, whilst the …