Surging Tanker Rates Make U.S Oil Too Expensive for Asia
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
Source: oilprice.com
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Europe's Natural Gas Price Rally Stokes Supply Concerns
European gas prices have jumped above the €50 per MWh threshold for the first time since August, sparking fears of a winter supply shortage.
Source: oilprice.com