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Brent was down 0.2% at $102.43 a barrel and headed for a monthly gain of around 13%, its biggest since July. Goldman Sachs estimated Gulf oil exports recovered to 23.3 million barrels per day over the last week.
Dalian January iron ore up 0.29% to 703.5 yuan/ton; benchmark October iron ore on SGX up 0.7% to $94.15, after China factory activity returned to growth and Beijing unveiled stimulus measures.
The national average price for diesel reached $6.51 per gallon on Monday. A commodity strategist stated the supply disruption has moved into a diesel market that “no handshake can refill.” Record Prices Hit Harvest and Freight The U.S. average diesel price hit an all-time high of $6.5107 per gallon on Sept. 21, 2026, a
Prenetics Global (NASDAQ: PRE ) reported second-quarter financial results on Tuesday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is ava
The NZX 50 climbed 82 points, or 0.6%, to close at 13,821 on Monday, erasing losses from the morning and previous session, mainly buoyed by gains in consumer staples, materials, and communication services. The broader index hit its highest level since September 7, tracking a rise in US stock futures after the Dow Jones
(Repeats story with no changes to text) Diesel costs for US farmers are double last year's level Record diesel prices also pressure food transport and retail Prices seem headed up for grocery staples like produce and meat By Leah Douglas, Lisa Baertlein and Nichola Groom WASHINGTON, Sept 18 (Reuters) — In northeast Mis
Breakwave Tanker Shipping ETF BWET climbed 11.42% to a record close of $650 as disruptions in the Strait of Hormuz and Red Sea lift tanker freight rates. The fund has gained roughly 44% over the past five trading sessions through Thursday.
U.S. producer prices rose 5.4% year over year in August, above the 5.3% expected and up from 4.8% in July. The monthly PPI also accelerated to 0.4% from 0.1%, versus 0.3% consensus, while core PPI rose 0.2% on the month and 4.6% year over year.
Iron ore futures rose Friday, extending a second straight weekly gain, as freight costs surged and major Chinese ports destocked, boosting the most-traded January DCE iron ore contract (COMEX:TIO1!) 1.04% to 727 yuan.
The Baltic Exchange dry bulk sea freight index rose 4.4% to 3,056 for a fifth consecutive session, with capesize up 6.3% to 5,033 and panamax up 3.7% to 2,246.
Freight futures are unchanged for dry bulk Capesize and Panamax contracts, while tanker VLCCs are up about 5% and Suezmax is down about 1%.
Breakwave Tanker Shipping ETF (BWET) has jumped 1,600% this year as tanker shipping prices rise amid the ongoing US-Iran war, while SPY and QQQ are up 14% and 19%, respectively.
Tanker freight futures rise, dry bulk falls
Dry bulk freight rates increase
Dry bulk and tanker rates change
Tanker freight futures rise
When the Middle East conflict spikes, most investors rush to oil stocks and crude futures. That reaction makes sense, but it can miss a trade that often becomes just as important when geopolitical risk hits a major shipping chokepoint: the companies that can make more money when moving oil become slower, riskier, and p
Apogee Enterprises reports fiscal Q1 2027 results that beat Wall Street estimates on both earnings and revenue, affirming its full-year outlook