Russian Fuel Oil Flows To Asia As EU Ban Takes Effect

Capt. John
Credit: jose-lebron-unsplash

Asia is preparing to see more Russian oil products flowing into the region following the EU ban that came into effect Feb. 5, while the supply squeeze in the West will create ample opportunities for Asian refiners to cater to those requirements and reap lofty margins.

However, shipping costs and logistics will pose challenges as long-haul product shipments in relatively small tankers all the way from Asia to destinations in regions such as Europe may not be viable...

https://mfame.guru/russian-fuel-oil-flows-to-asia-as-eu-ban-takes-effect/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon