OPEC deal is a blow for tankers, as shipping rates stage a recovery in NovemberBy DeepDecember 4, 20160 The Baltic Dry Index (BDI), an indicator of the shipping rates for bulk commodities, climbed 50 percent over the course…
Finance Oil rallied this week on false hopes for OPEC dealBy DeepFebruary 27, 20160 There’s little chance the OPEC cartel and nonmember Russia could reach a deal that would result in lower oil production,…