Russia sent its second-ever crude oil shipment east through the Arctic Circle toward China, a route that could give the country a faster way to buyers in A.
By Kwaku Gyasi (Bloomberg) — Shipping costs for mid-size oil tankers from the US Gulf to Europe are near the highest levels since early in the pandemic, due to changes in.
Traders are snapping up ships to haul millions of barrels of diesel westward from Asia and the Middle East as oil supply chains react to Russia’s invasion of Ukraine.