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Broker Forecasts - Boom continues as Fearnleys forecast ‘crushed’ by record VLGC market
Norwegian shipbroker Fearnleys believes the record VLGC spot market will stay strong for another couple of years. Calling the current rates “abnormal”, LPG shipping markets advisor Mia Groeng said ...
Why this top broker just upgraded Rio Tinto shares
That's today's price action for you. Now, here's why this top broker just upgraded Rio Tinto shares to an 'overweight' rating. JP Morgan has had a rethink about its iron ore price forecast. As The ...
Tullow Oil trims full-year crude production forecast
Tullow also trimmed the upper end of its production outlook for this year to 58,000-60,000 barrels per day (bpd) from 58,000-64,000 bpd. The cut was driven first-half performance at its Jubilee field ...
Forex technical analysis and forecast: Majors, equities and commodities
Brent has completed a wave of growth to 91.08 and a correction to 90.00. Today a link of growth to 92.20 could form, followed by a correction to 91.10 (a test from above). Afterwards, the price could ...
Methanol retrofits will cause paradigm shift from spot to term charters, broker says
“As owners invest heavily in retrofitting engines and commit to long-term contracts, spot cargoes become less feasible and less attractive. This reorientation may signify a fundamental transformation ...