U.S. crude, WTI, is now more expensive for Asian refiners compared to the crude grades from the Middle Eastern producers as tanker rates have surged in recent weeks
The economic
incentive to import oil from the U.S. Gulf Coast to Asia has
closed as the cost of booking supertankers on the route has
surged amid a jump in bookings for the vessels, traders said
this. -January 10, 2024 at 08:04 pm EST
- MarketScreener
The economic
incentive to import oil from the U.S. Gulf Coast to Asia has
closed as the cost of booking supertankers on the route has
surged amid a jump in bookings for the vessels, traders said
this. -January 10, 2024 at 04:25 am EST
- MarketScreener