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

Oil Price Fluctuations

Our week started with some serious drama.

And our man Archie Smith was all over it, and reveals all to us in this episode.

Listen up to hear what led to him saying the below quote:

"This has been quite an eventful week for oil". - Archie Smith

You've honestly got to hear it to believe it!

Archie Smith and James Robinson join us for more insight from the Fuel Oil and Iron Ore desks!

We're joined for the first time by Peter Stallion.

Excitingly, our 'Reuters famous' ferrous Freight Upper Hao Pei joins us for another update.

And our Business Development manager Kerry Deal gives us our regular update on the Panamaxes.

China's Market Volatility: Navigating the Container Futures

The container futures market is booming due to the launch of the Shanghai onshore Chinese exchange product, demonstrating the highly volatile nature of global markets.

Oil demand has faltered due to weak Chinese consumption, pushing up market volatility.

Additionally, dry bulk rates have plummeted due to increased efficiency at ports and lack of import demand.

Here's the link to the FIS live app.

Timestamped summary of this episode:

(00:00:00) Container Futures with Peter Stallion

(00:05:07) Oil Market Volatility with Archie Smith

(00:10:16) Capes & Panamaxes Weakness with Kerry Deal

(00:15:12) Iron Ore Growth with James Robinson

(00:20:55) Iron Ore Market Hao Pei