Record tanker rates are choking U.S. crude flows to Asia. A U.S. Gulf-China supertanker hit $80M this month, 10x pre-war rates, and Asian orders for November U....
Record tanker rates are choking U.S. crude flows to Asia. A U.S. Gulf-China supertanker hit $80M this month, 10x pre-war rates, and Asian orders for November U.S. crude fell about 50% from September to roughly 25M bbl. #Oil#Tankers#OOTT