market_report Tanker Hellenic Shipping News
While Brent, the global benchmark for crude oil, is topping $100 a barrel, an unusual glut of heavy crude (high-density oil used to produce diesel, gasoline, and more) is building in North and South America. Competition to secure crude continues in Asia and Europe, but freight rates for tankers have surged in the wake of ...
Freight surge traps Americas heavy crude as Asia chases supply
Hellenic Shipping News
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