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Oil bounces as jitters around Mideast supplies persist despite signs of recovery

Oil prices turned higher on Wednesday, rebounding after a sharp fall in the previous session, as investors weighed signs of recovering Middle East exports against lingering concerns over ongoing disruptions to shipments through the Strait of Hormuz. As of 05:06 ET (09:06 GMT), benchmark Brent crude futures expiring in November ticked up 1.0% to $103.64 ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Iron Ore Rises on Strong China Data

Iron ore futures climbed toward CNY 710 per ton, recovering from eight-week lows after data showed China’s manufacturing sector returned to growth in September, improving the demand outlook in the…

  • Iron ore futures rise to CNY 710 per ton, breaking eight-week slump
  • China's manufacturing sector regains growth in September
  • Investors anticipate lower trading volumes during National Day holiday

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