The benchmark Brent crude oil price has been on an upward trajectory for a little more than a year now, soaring from less than $50 per barrel to just under $80 per barrel in early June 2018. Predictions by numerous sources suggest that this trend is likely to continue. But how will this affect shipping fuel costs, and how will this in turn affect telatively low-priced, internationally traded industrial minerals, such as ilmenite?
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