Freight and ferrous have fallen off a cliff this week, so we invited Holly Birkett from Tradewinds to discuss what’s been going on in the commodity markets this past week. Click Below to Listen: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-78/ Spotify – https://open.spotify.com/episode/6fAzj6r9iPxU7Uy7ObSPm6?si=542m_BNOQm2Me-8QDAaPDA iTunes – https://podcasts.apple.com/gb/podcast/episode-78/id1507094242?i=1000540622606
Tag archives: WF
Tanker FFA Morning Report 3/11/21
News Headlines: U.S. unveils crackdown on methane from oil and gas industry (Reuters) The United States on Tuesday unveiled a plan to slash emissions of the greenhouse gas methane from oil and gas operations as part of its strategy to crack down on climate change, drawing cautious support from both environmental groups and drillers. …
Morning Tanker FFA Report 2/11/21
News Headlines: Oil prices rise on slow OPEC output increase (Reuters) Oil prices rose on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, while the world’s top oil consumer China ramped up operating rates to meet a spike in diesel demand. Brent crude futures gained 28 cents, …
Morning Tanker FFA Report 1/11/21
News Headlines: Oil drops on China fuel reserves release; OPEC+ meeting in view (Reuters) Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a Nov. 4 meeting of major crude producers that could increase future production targets. Brent …
Morning Tanker FFA Report 29/10/21
News Headlines: Oil prices edge higher but set for first weekly drop since August (Reuters) Oil prices edged up on Friday but were headed for their first weekly losses in at least eight weeks after U.S. oil stocks rose more than expected and Iran flagged it was resuming talks with Western powers which could …
Morning Tanker FFA Report 28/10/21
News Headlines: Investors on board as U.S. oil majors dismiss wind and solar projects (Reuters) HOUSTON/BOSTON, Oct 27 (Reuters) – Top U.S. oil firms are doubling down on drilling, deepening a divide with European rivals on the outlook for renewables, and winning support from big investors who do not expect the stateside companies to …
Morning Tanker FFA Report 27/10/21
News Headlines: U.S. demand for oil surges, depleting tanks in Oklahoma (Reuters) Crude oil tanks at the Cushing, Oklahoma storage hub are more depleted than they have been in the last three years, and prices of further dated oil contracts suggest they will stay lower for months. U.S. demand for crude among refiners making …
Morning Tanker FFA Report 26/10/21
News Headlines: Oil drops ahead of stock data, Iran talks (Reuters) Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a rally driven by strong demand in the United States, the world’s biggest consumer of oil and its products. Brent crude was down 5 …
Morning Tanker FFA Report 25/10/21
News Headlines: Oil prices extend gains to multi-year highs on tight supply (Reuters) Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world as economies pick up from coronavirus pandemic-induced slumps. To view …
FIS Morning Report Tanker FFA 22 -10-21
News Headlines: OIL DAYBOOK EUROPE: Biden Says Gasoline Prices Will Remain High (Bloomberg) President Joe Biden said that Americans should expect high gasoline prices to continue into next year because of policies by OPEC and other foreign oil producers. “That’s because of the supply being withheld by OPEC,” the president said during a CNN town …