With crude down 3.9% to $64.11, today’s Ahead of the Tape column seems almost clairvoyant. In a...

|By:, SA News Editor

With crude down 3.9% to $64.11, today’s Ahead of the Tape column seems almost clairvoyant. In a note this morning, Jefferies shipping analysts said they prefer dry-bulk shippers to crude tankers, given the weakened global economy and the resulting crude inventory build-up.