Markets · 1 sources covering this

Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels

The cost of shipping oil is continuing to plunge, even if rates remain at very high levels, potentially helping to make longer-distance crude trades more attractive.

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

BloombergLean L·1h ago
Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels
The cost of shipping oil is continuing to plunge, even if rates remain at very high levels, potentially helping to make longer-distance crude trades more attractive.
Read at Bloomberg →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/1d99a44d8bfe2f12816edd832771203625b4fabc"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels"></iframe>

Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels

How 1 sources are covering this

Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels

More from Markets

The AI Situation Has Never Been More Fraught

Ozempic, Zepbound and other GLP-1 drugs have a possible risk of vision loss

Private Credit’s Rapid Growth Draws Regional Fed Banks’ Scrutiny

Should a widow leave her late partner’s home to her stepkids — or cut off contact with them?

Reader

Trust & legal

Across the network

How 1 sources are covering this

Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels

More from Markets

The AI Situation Has Never Been More Fraught

Ozempic, Zepbound and other GLP-1 drugs have a possible risk of vision loss

Private Credit’s Rapid Growth Draws Regional Fed Banks’ Scrutiny

Should a widow leave her late partner&#x2019;s home to her stepkids &#x2014; or cut off contact with them?

Reader

Trust & legal

Across the network

Should a widow leave her late partner’s home to her stepkids — or cut off contact with them?