Category archives: News

Capesize rates rebound on better market sentiment

Capesize freight rates rebounded on improving trade sentiment that the market had bottomed out. The Capesize 5 time charter average then rose RMB 165 day-on-day to $15,715 on Monday, as paper market came under pressure at the start before firming later. The Baltic Dry Index (BDI) remained flattish and rose slightly by 0.08% or 1 …

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Morning Oil Report 02/11/20

Brent crude futures inched up 1 cent to $38.98 a barrel at 0440 GMT, while WTI crude futures were up 8 cents, or 0.2%, to $36.89 a barrel. Both benchmarks gained nearly 3% on Monday, after heavy losses for the last week of October.   Oil was holding particularly steady over the UK evening, where …

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Oil and Ore Intraday Morning Technical 02/11/20

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