Oil prices rise slightly as Russia oil price cap set to come into force, with Brent up 1% above $86. Easing of Covid restrictions in China, though uneven, lift indices…
27 April 2022 Energy is weaponised, inflation rattles Wall Street but Lloyds Bank gallops away from economic woes Russia turns off gas taps to Poland and Bulgaria Brent crude marches…
GLOBAL & REGIONAL DAILY HIGHLIGHTS March 24 2022 Global Markets On geopolitical developments, interest today turns to the back-to-back three summits of NATO, G7 and the EU in Brussels, with attention focusing on energy…
PRIME’S DAILY MARKET REPORT February 05, 2021 SOURCES: Phys. Suppliers, Reuters CRUDE OIL FUTURES @ 13:40 WTI $ 56.79/bbl ↑0.56 Brent $59.39/bbl ↑0.55 Gasoil ↑11.50 PORTS (Del.costs) VLSFO (0.5%) RMG380 RME180 DMA LS Comments/Earl.del. PIRAEUS (mtw) 470-475 360-365…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The GBP plunged to fresh lows earlier today amid increased market worries over a “hard’ Brexit scenario. Meanwhile, the USD retained a firm…
At 318 the BDI continues to be an attractive component for shipping investments… John Faraclas’ antilog position: With just two point up due to the BSI 12 points plus since…
John Faraclas reports on the state of the shipping markets: Another all-time record low of the BDI at 310, four points lower since yesterday! The Capers’ BCI 2014 gained two…
Whatever happened to the Shipping Markets and in particular the Dry ones, rests entirely with our humane business wrong behaviour: greediness in the ship sales and purchase front and wrong…
A wrecked dry Market with the BDI at 530 points is practically the best to enter shipping and conquer the industry! Our seventh weekly recapitulation of the markets, their respective…