ΟΙΚΟΝΟΜΙΑ
Cheaper Iron Ore Finding Plenty of Buyers in China, Miner Says
Low-grade iron ore that has fallen out of favor with many of China’s steelmakers is still in demand as mills keep buying the cheaper product, according to a junior Australian supplier.
Baltic Dry Index climbs to 1126, up 4 points
Today, Monday, March 26 2018, the Baltic Dry Index climbed by 4 points, reaching 1126 points.
Dry Bulk Market: Capesize Market finds its footing
Capesize
Some relief for owners as the week closed out with the market finding a floor in the East. Rates on the key West Australia/China run looked close to
Chevron Announces Major Oil Discovery in Deepwater Gulf of Mexico
Chevron Corporation announced a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico.
Total closes the Maersk Oil acquisition and becomes the second-largest operator in the North Sea
Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly
Baltic Dry Index climbs to 1201, up 4 points
Today, Friday, March 9 2018, the Baltic Dry Index climbed by 4 points, reaching 1201 points.
China February iron ore imports fall 16 percent from month ago: customs
China’s iron ore imports in February fell 16 percent from the previous month, customs data showed on Thursday, as the nation’s week-long Lunar New Year holiday slowed shipments of the steelmaking raw material to the world’s top buyer.
