Freight is adding a hidden cost to oil: shipping about 2M barrels from the US to Japan on a VLCC could cost roughly $81M, or $40.50 a barrel, versus about $9M a...
Freight is adding a hidden cost to oil: shipping about 2M barrels from the US to Japan on a VLCC could cost roughly $81M, or $40.50 a barrel, versus about $9M a year ago. Record tanker rates are reshaping crude flows. #Oil#Tankers#Shipping#OOTT
