Freight Up! Fuel oil, iron ore, steel and other commodity insights from Freight Investor Services The Impact of Q4 Tightness, Crude climbing and monsoon season on Fuel Markets
Welcome back to Freight Up! It's the weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS.
I'm your host, Fernanda, and today we're talking Q4 tightness. In this week's episode we have a doubleheader of insights, featuring a fuel oil update and a catch-up on the ferrous complex.
The people's broker and our very own 'Sand Jesus', Archie Smith, joins us to shed light on the recent developments in the oil market. We discuss the climbing crude oil prices, the tensions between OPEC and Western economies, and the intriguing dynamics of the high sulphur East West market.
Additionally, we explore the impact of monsoon season on fuel demand and the widening of the high five spread.
We also have Hao Pei on board the good ship Freigh Up this week as we talk FOB Australia Coking Coal.
Why has it seen the biggest single week increase over the year?
We'll find out in this episode!
Here's the link to the FIS live app
Timestamped summary of this episode:
00:01:51 Crude climbing, uncertainty ahead due to meetings 00:04:13 High sulphur fuel oil prices continue to rise. 00:08:55 BHP truck accidents caused coal market speculation. 00:11:32 Crude oil crucial for commodities rebound, watch.