US-Northwest Europe crude oil export route attracts interest despite closed arbitrage

Capt. John

A recent drop in Americas Aframax freight rates has sparked charterer inquiry and fixing activity for the US Gulf Coast-UK Continent/Mediterranean route, despite closed oil arbitrage economics that has plagued the market since the end of April. Assessed at $27/mt, Friday, freight rates last week...

https://www.hellenicshippingnews.com/us-northwest-europe-crude-oil-export-route-attracts-interest-despite-closed-arbitrage/

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