Post Tagged with: "Crude export"

Source: Reuters

Booking frenzy sends tanker rates soaring as OPEC opens oil taps


SINGAPORE  – The cost to transport oil on supertankers soared on Thursday as major producers scrambled to secure vessels to ship more crude in a bid to regain market share and buyers took advantage of plunging oil prices.

Freight …

March 12, 2020 - 3:00 pm Crude Oil News, Energy News, Marine Shipping