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Baltic index hits 15-month low on weaker vessel rates
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to 15-month low on Tuesday, dragged down by losses across all vessel segments.
Dalian iron ore advances on firmer China economic outlook; posts weekly rise
Dalian iron ore futures climbed to their highest in more than a month on Friday to endthe week higher, as a stronger economic outlook for top consumer China lifted market sentiment.
Minerva Bunkering Acquires Bomin Group, Expanding U.S. Operations
Minerva Bunkering, a leading global marine fuel supplier and a subsidiary of Mercuria Energy Group, is pleased to announce its acquisition of Bomin Bunker Oil from Mabanaft.
OPEC daily basket price stood at $71,34 a barrel Tuesday, 1 October 2024
The price of OPEC basket of twelve crudes stood at $71,34 a barrel on Tuesday, compared with $73,00 the previous day, according to OPEC Secretariat calculations.
Iron ore logs over 10% weekly gain on China rate cuts, stimulus prospects
China's central bank cuts interest rates on Friday
Shanghai and Shenzhen to lift key home purchase curbs
Singapore iron ore well above $100/t
Dalian benchmark jumps more than 4%
Dalian iron ore posts largest daily loss in nearly two years
Dalian ore futures prices tumbled to log their steepest daily fall in almost two years on Monday, weighed down by a batch of dismal economic data from top consumer China.
Brazil's Vale says Q2 net profit triples, iron ore sales up
Brazilian miner Vale (VALE3.SA), opens new tab, one of the world's largest iron ore producers, said on Thursday its second-quarter net profit soared to $2.77 billion, triple the year-earlier period and above analyst estimates as sales jumped.
