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There is one central fact this period: pre-holiday restocking has genuinely arrived, and at scale. Imported ore stocks at 242 mills rose 4.37 million mt in a week to 78.61 million (+5.89%), with days of consumption rebuilt from 19.3 to 20.5 — ending the two-week pattern of mills running lean and refusing to restock. Prices ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
European equities edged lower on Friday, taking a breather from their sharpest daily surge in over two months, but remained firmly on track to seal their first weekly gain in three as investors took…
USD: Oil in driver’s seat Moderating oil prices have taken the edge off the dollar’s post-FOMC momentum. Energy markets may be gaining some optimism that Tuesday’s reported meeting between US…
AI investors should choose carefully as interest rates rise.
European natural gas prices rose above €77/MWh on Friday, rebounding after three consecutive sessions of losses, with depleted reserves and disruptions to LNG shipments remaining in focus.
European natural gas prices have hovered near multi-year highs as the heating season approaches, raising concerns in Germany over energy costs and low gas storage levels.
Oman crude oil is gaining favour among Asian refiners as concerns over shipping risks through the Strait of Hormuz prompt buyers to place greater emphasis on delivery security.