Floating Forties Cargoes Competing With Urals Into Europe

Capt. John

Aframaxes that have been floating in the North Sea after loading Forties crude are expected to compete with Urals into European refineries, sources said. “There floating cargoes have to place local – relative value to Urals makes Forties cheap,” one North Sea trader said. While Forties is a North...

https://www.hellenicshippingnews.com/floating-forties-cargoes-competing-with-urals-into-europe/

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