Tanker rates extend rally on sanctions, demand to load Mideast oil, products
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia's fleet and traders' demand for ships to load Middle East oil for Asia,
Oil Tanker Rates Soar as Biden Sanctions Threaten Market Chaos
Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.
Tanker Rates Keep Rising After Biden’s Last Sanction Push
US sanctions on Russian oil tankers and companies are driving up demand for Middle Eastern oil and causing a surge in global tanker freight rates.
Dozens of oil tankers drop anchor after latest US sanctions bite
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.
Why oil tanker rates are surging again this Wednesday
Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.
Oil Tanker Rates Soar on Biden Sanctions Against Russia
Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.
Tanker rates extend rise on sanctions, strong demand to load Mideast oil
Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply from the latest U.S. sanctions on Russia's fleet and traders' demand for ships to load Middle East oil for Asia,
Oil shipping rates surge after US sanctions hit availability
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.
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Tanker rates extend rally on sanctions, demand to load Mideast oil
Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...