OPEC Or The Chinese New Year? Freight Prices Going Forward
Freightos
DECEMBER 5, 2016
Freight Prices Going Forward. But even though this is effectively limiting production of 1% of the world’s global oil supply , it won’t impact freight prices. Looking back at ocean freight prices as a function of Brent crude oil in 2015, the correlation between fuel prices and freight prices is minuscule (-0.2
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