Rising freight rates undermine benefits of crude price cuts for Asia
March 23, 2020 0Middle East Logistics News
… of cost savings to refiners.
“Freight has [more than] doubled over … last week after Saudi Arabian shipping company Bahri chartered more than … from w55.5 last week.
Shipping crude from West Africa to … at around $900,000” freight for a cargo of ESPO, according to …
Rising freight rates undermine benefits of crude price cuts for Asia