ΟΙΚΟΝΟΜΙΑ
Thermal coal climbs as Russia-Ukraine war rolls into its second winter
As the Russia-Ukraine war rages into its second European winter, demand for Australian thermal coal prices is once again on the rise following 12 months of unprecedented levels of volatility for the commodity.
OPEC optimistic on demand, calls for more oil and gas investment
OPEC is optimistic on demand and sees under-investment as a risk to energy security, Secretary General Haitham Al Ghais said on Monday at an energy industry event in Abu Dhabi.
China state planner says to step up oversight of iron ore market
China will crack down on regulatory violations to maintain order in the iron ore market, and will continue to strengthen supervision of the futures and spot market, its state planner said on Thursday.
Higher capesize rates help Baltic index snap 3-session losing streak
The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Monday, supported by an uptick in capesize vessel rates.
Higher rates across vessel segments prop up Baltic index
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-session long streak of declines on Tuesday, on a pickup in rates across all vessel segments.
Lower capesize, panamax rates weigh on Baltic index
The Baltic Exchange’s main sea freight index fell for a fourth straight session on Wednesday, pressured by losses in the larger capesize and panamax vessel segments.
Baltic index down as capesize vessel rates fall
The Baltic Exchange’s main sea freight index fell for a second straight session on Monday, weighed down by a dip in capesize vessel rates.
