Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates higher. Almost 30,000 crude tanker forward freight agreements, or FFAs, traded in the week ...
Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the ...
For example, Shandong Port Group has banned tankers under US sanctions from entering its ports, as traders reported last ...
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...
The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.
Oil prices were down slightly on Tuesday morning ... 430 tankers that were involved in Russian crude exports last year, the sanctions are poised to have a knock-on effect on tanker availability ...
Russia's leading tanker group, Sovcomflot, said on Tuesday that new U.S. sanctions would create additional operational ...
An oil tanker believed to be part of Russia’s efforts to evade international sanctions went adrift and had to be towed ashore ...
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