RECENT NEWS
Brent Crude Oil Drops Below $87
Brent crude oil fell below $87 a barrel on Thursday, after five consecutive sessions of gains, as investors shifted attention toward weakening demand prospects and continued disruption around the Strait of Hormuz. Traders are closely monitoring how much oil is moving...
India’s iron ore challenge is shifting from quantity to quality, new IEEFA findings show
India’s long-standing iron ore advantage is entering a new phase, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). As the country pursues one of the world’s most ambitious steel expansion plans, the central...
Baltic Dry Index Down for 4th Day
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, retreated for a fourth session on Thursday, dropping about 3.2% to its lowest since August 3 at 2,844 points. The capesize index, which typically transports...
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