FIS API Blog
Tanker, Tailor, Soldier, Fly People may be forgiven for thinking that the last seven days was a slow news week, as the biggest headline grabber was the two-minute appearance of a fly on the head of US Vice President Mike Pence. This has launched a flurry of activity with Jim Carrey playing the fly …
Continue reading “Ship Shape: FIS Commodity Weekly 12/10/20”
* In A World with Too Much Oil, OPEC+ Sweats Its Next Move* OPEC+ is considering its next move after implementing a 3-phase plan of output cuts over the course of 2020 and into early 2021. Demand recovery is slower than expected and prices are lower than many had hoped for which has meant that …
Please click below to view the report This week, as China takes a holiday, the news stream for the rest of the world is incredibly active. From rocketing Freight to flat Tankers, find out the impact on Commodities markets with Chris, Kerry and Tom. Available now on: Website https://freightinvestorservices.com/blog/fis-castaway-eps-27-unprecedented-coverage-in-unprecedented-times/ Spotify …
India’s Gasoline Sales Jump to Pre-Covid Levels in September, Diesel Improves Indian refiners reported sales have risen to pre-pandemic levels in September for gasoline but there has been a reported drop off in diesel sales as loosening restrictions sparked energy consumption and economic activity. Indian state refiners sold 2.2 million tonnes of gasoline, up 1.85% …
VLCCs head south After a short resurgence in TD3C worldscale levels, they are once again on their way back south. The first decade of September saw values on a rollercoaster, dropping to a low of ws24.75 before seeing a good steady climb out of this rut to a much-needed peak at ws38.39 on (14/09) …
Tankers carrying Iranian fuel begin entering Venezuelan waters The first group of three tankers have entered south American waters carrying 270,000 barrels of gasoline for a starved Venezuela, which arrived in their waters at 8.05 EDT. The vessel arrived after crossing the Atlantic Ocean and Caribbean Sea without any disturbances, with 2 more vessel due …
*A tale of Two Arbs* The end of last week saw some gaining interest in the U.S. Gulf amid the growing Asian naphtha complex, which saw naphtha being moved from the U.S to a hungry Asian market. European cargoes are usually sufficient enough to satisfy Asia’s appetite, but growth for naphtha within Europe resulted …
It started overnight with the equities and the iron ore coming under pressure. Fears about banking, the global economy, and the horror that we call the Pandemic. However, this sell off feels like it might have more behind it. Since March, equities, iron ore, steel and base have shrugged of the global economic slowdown. The …
Confused by market jargon? Getting your stochastic mixed up with your doji stars? Then don’t fear! This week’s special podcast episode explains all about market technicals and how to use them with FIS technical research analyst Ed Hutton. Available now on: Website https://freightinvestorservices.com/blog/fis-castaway-eps-24-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3tXBm8aTEgEf9vK7kKIsKj?si=v-WRJWu3RIeXFy6o7NDEvg And Itunes https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=aacbc42e-90c9-a808-518e-a244416f7bcf Disclaimer: This podcast is a marketing communication and …
How are the markets pricing the US election? What’s in store for capesize freight? And why is iron ore still so high? Answer all these questions and more with a listen of this week’s Castaway – now with 50% fewer puns. Available now on: Website https://freightinvestorservices.com/blog/fis-castaway-eps-23-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3SpQJknSkltYrKcOsipe4w And Itunes …
Continue reading “Castaway Podcast Episode 23 Available Now”
