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Tag archives: FO
Morning Oil Report 11/8/20
Good morning all. Brent futures rose by 22 cents, or 0.5%, to $45.21 a barrel, as of 4:41 am GMT. WTI futures rose 32 cents, or 0.8%, to $42.26 a barrel. Despite the number of COVID-19 case counts worldwide topped 20 million, daily confirmed cases globally have been on the decline for three consecutive …
Oil Evening Report 10/8/20
Click the below link for Evening Fuel Oil Report https://freightinvestorservices.com/wp-content/uploads/2020/08/100820Fuel-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 Singapore: +65 87984987 Luke Longhurst Email: LukeL@freightinvestor.com Mobile: (+44) 7966 968761 Ricky Forman Email: RickyF@freightinvestor.com Mobile: (+44) 7868 708719 …
FIS Fuel Oil Morning Report 10/8/20
Good morning all. Brent futures were up 40 cents, or 0.9%, at $44.80 a barrel at 3:01 am GMT, while WTI futures rose 50 cents, or 1.2%, to $41.72 a barrel. After a two-day losing streak, oil gained momentum as Saudi Aramco predicted demand will continue to improve through the rest of the year, …
Fuel Oil Daily Evening Report
Oil Through the Looking Glass 7/8/20
*Surge in European Cases Dampens Sentiment An increase in cases across the continent is threatening the recovery of Europe, as a second wave gains momentum. France, Spain and Germany have all recorded jump sin the number of infected persons, with Spain being the worst hit as cases climbed to 1772 in the last 24 hours. …
Capesize rate inches up on mixed outlook
Capesize rate gained on mixed market outlook amid robust iron ore demand and oversupplied vessels market. The Capesize 5 time charter average gained slightly by $51 day-on-day to $20,434 on Thursday, after a rebound in market from better Pacific market. Thus, the Baltic Dry Index (BDI) also went up higher by 1.69% day-on-day to 1,500 …
Morning Oil Note 7/8/20
Good morning all. Brent crude fell 6 cents, or 0.1%, to $45.03 at 2:46 am GMT, while WTI crude futures slipped 2 cents to $41.93 a barrel. The resurgence of coronavirus infections remains the main uncertainty in the oil market, as that will determine how fast fuel demand rebounds. Tallies show infections in the United States are …
Fuel Oil Daily Evening Report
Oil Through the Looking Glass 6/8/20
*OPEC Middle East Production Nudging Up Production from the Middle East moved up in July after Saudi Arabia, Kuwait and UAE reversed the voluntary production cuts above and beyond the official cut agreement. The largest increases came from Kuwait and UAE, followed by the Saudis. According to Bloomberg the four nations boosted crude and condensate …