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Shipping & Transportation

Shipping & Transportation

Falling output and stocks fail to halt aluminum slide

Reuters Reuters -
By Andy Home LONDON- Global aluminum production is contracting this year. Cumulative output in the first eight months of 2019 slid by 0.6 percent to 42.5...
Shipping & Transportation

Oil shipping rates to Asia hit more than 3-year high

Reuters Reuters -
HOUSTON/NEW YORK- Freight rates for US crude tankers bound for Asia were bid up to a more than three-year peak this week as US...
Shipping & Transportation

Brent recovers ground

Reuters Reuters -
SINGAPORE- Oil rebounded from several days of declining values after industry data showed a surprise drop in US crude inventories, offsetting weak economic readings...
Shipping & Transportation

Ecuador to quit OPEC

Reuters Reuters -
QUITO- Ecuador, one of the smallest members of the Organization of the Petroleum Exporting Countries, said on Tuesday it will leave the 14-nation bloc...
Shipping & Transportation

USDA’s corn, soy stocks give market bulls the upper hand

Reuters Reuters -
By Karen Braun FORT COLLINS, Colo. - Chicago corn and soybean futures have had a tough time weathering the US government’s agriculture reports in recent...
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