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Brent Crude Oil Drops Below $87

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...

Baltic Dry Index Down for 4th Day

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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