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VLCC rates in Q3 2024: An upswing with uncertainties
WebFeb 28, 2024 · 77.70. USD/bbl. -0.79 -1.01%. 1417617D. LIGHT. Private Company. The escalating crisis over Ukraine has catapulted the cost of shipping oil by sea. Freight … WebMar 30, 2024 · Freight rates for very large crude-oil carriers (VLCC) along the Middle East Gulf to China route were assessed at about $180,000 a day on Monday, up from some $125,000 on Friday and a weekly low ... dinah\\u0027s baked scallops
Rates for Oil Tankers Have Tripled Since Russia Invaded Ukraine
WebMar 18, 2024 · The soaring tanker rates are eroding refiners’ appetite for cheap crude oil. “High freight killed the (refining) margins,” said a source at a North Asian refiner, with … WebFeb 28, 2024 · Freight rates spiked on various export routes from the Baltic and Black Sea, partly because owners facing security risks and compliance uncertainties are reluctant to charter vessels to buyers of Russian crude. ... through which Russia exported on average 1.7m barrels per day of crude oil in 2024.” Meanwhile, Urals crude is being sold at a ... WebJul 10, 2024 · Supplied with Ursa oil inventory data, Nikos recently finished his research into the topic. The result is an exciting new paper, titled, “Impact of Crude Oil Inventories on … dinah\u0027s brothers