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Clean An upturn in freight this week in the Middle East Gulf. The LR2s of TC1 75k Middle East Gulf / Japan came up 10.71 points to WS148.57. The LR1s also jumped and TC5 55k Middle East Gulf / Japan is currently WS193.57 (+29.64) and a trip west (TC8) has breached the $3m mark, now ...
Total Urals arrivals in northwest European and Baltic ports drop by around 460,000 barrels per day, around 620,000 in March and down to 370,000 in April.
Total Urals arrivals in northwest European and Baltic ports drop by around 460,000 barrels per day
Russia has drastically cut its prices for its crude oil, but contractual obligations and shipping constraints pose major problems for would-be-buyers
Biden’s executive order does not restrict US energy imports originating in other countries that transit through Russia.