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Shipping prices increasing, Oil going lower, cancel each other?
Light Crude Oil Futures
Shipping prices increasing, Oil going lower, cancel each other?
By ROYAL_OAK_INC
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Jul 15
1
Jul 15
By the graph included, we can see that Asian container freight rate prices are skyrocketing. This is due to disruption & stock.
This is good sign for the overall economy, means not in recession.
With news that Trump is being called the next prez will #oil trend lower?
Maybe one can offset the other?
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