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Iron Ore's surge, container futures, and the financial report typo that cause a crude spike
Freight Up! Fuel oil, iron ore, steel and other commodity insights from Freight Investor Services
The Oil Update: The Mishap From a Financial Reporting Body
This has been quite an event week for oil. There was a bit of a mishap from well-recognized financial reporting body. Saudi Arabia were going to extend their 1 million barrels per day output cut until the end of 2024. So when this headline came out, she shows how reactive the market is crude, instantly spiked $2.
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