Tuesday, November 22, 2022

Oil Tanker Rates Soar To Astronomical Levels — Tsvetana Paraskova

  • Sky-high oil tanker rates are weighing on physical crude trade.
  • On Monday, the earnings on the benchmark key crude oil trading route hit $100,000 per day.
  • Falling premiums on spot prices for various crudes, however, could offset some of the high shipping costs, traders told Bloomberg.
Oilprice
Tsvetana Paraskova

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