Trades Recap: Another quiet day for TC2 as Dec continued its decline to 150 with 146 trading later. TC5 Dec also came under pressure trading at 132 in the morning, before trading 130.5, 130, 129 before 128 with Cal22 trading at $26.75/mt. Q1 came off slightly to $25.6/mt, TC6 Dec came off 8pts …
Tag archives: WF
Castaway Podcast Ep. 80 17/11/21
FIS Castaway Podcast – Ep. 80 Got that end of year feeling? Well the freight, oil and ferrous markets certainly do. Hear about what’s been going on in commodities this week on our podcast. Click Below to Listen: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-80/ Spotify – https://open.spotify.com/episode/6f62I2nT7qahGY16OVvzZV?si=n8VjOhJCT1Sspfwwaep6bQ iTunes – https://podcasts.apple.com/gb/podcast/episode-80/id1507094242?i=1000542205395
Morning Tanker FFA Report 17/11/21
News Headlines: Analysis: Will gasoline prices drop in 2022? It depends on OPEC and U.S. shale (Reuters) Whether fuel pump prices fall in 2022 depends on two groups of producers who are struggling to increase oil output in the wake of the pandemic: OPEC and its allies and U.S. shale firms. The global oil …
Evening Tanker FFA Report 16/11/2021
Trades Recap: A quiet day for TC2 with just the Dec trading down a point to 155. TC5 Dec came under pressure with 136 trading early in the day, down to 134 then 132 later. Cal22 came off slightly with 27$/mt then 26.80$/mt trading. TC6 was busier again, with Dec trading flat at 195, …
Morning Tanker FFA Report 16/11/21
News Headlines: U.S. Sees Record Permian Oil Production in December (Bloomberg) Oil output in the Permian Basin is projected to hit a record as the largest U.S. shale patch leads the recovery in domestic production from its Covid-19 induced slump. Supplies from the prolific oil field of West Texas and New Mexico are set …
Evening Tanker FFA Report 15/11/21
Tanker Report 15/11/21 Trades Recap: A quiet start to the week in the Tanker FFA market. TC2 Dec continued to trade down, with 158 trading on Friday down to 156 today. TC2 Q1 also came off slightly, with 19.80 trading outright and the Q1/Q2 spread trading at .95 (19.80/18.85). TC5 Dec improved from yesterday …
Morning Tanker FFA Report 15/11/21
News Headlines: ASIA-AMERICAS FUEL: November Shipments Jump On Jet Fuel Pick-Up (Bloomberg) November-loading shipments of clean fuels from Asia to the Americas rose to 295k tons as of Monday, from 105k tons a week earlier, according to data compiled by Bloomberg. * Five cargoes were booked on the route last week, including two alkylate and …
Morning Tanker FFA Report 12/11/21
News Headlines: Oil prices on track for weekly dip as dollar firms (Reuters) Oil prices fell on Friday, wiping out gains from the previous session, as the dollar continued to gain on bets the U.S. central bank will bring forward plans to raise rates to tame inflation. U.S. West Texas Intermediate (WTI) crude futures fell …
Tanker FFA Morning Report 11/11/21
News Headlines: Oil prices steady after falling on signs U.S. may release more reserves (Reuters) Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release more strategic crude stockpiles to drive down prices. …
Morning Tanker FFA Report 10/11/21
News Headlines: Oil rises on surprise U.S. crude stockpile decline (Reuters) Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S. crude stocks unexpectedly fell last week just as near-term travel demand picked up with COVID-19 pandemic curbs easing. Brent crude futures were at $85.22 a barrel …