quote: Reuters: Cosmo provisionally fixed a VLCC at $81m to load US crude 19–21 Nov. USG–China freight is $40/bbl, up fr | Hanami
quote: Reuters: Cosmo provisionally fixed a VLCC at $81m to load US crude 19–21 Nov. USG–China freight is $40/bbl, up from $8.60 pre-war. 𝗕𝗿𝗶𝗱𝗴𝗲 𝗿𝘂𝗹𝗲: price the voyage before the cargo. | Tanker freight rates soaring to record highs are putting US crude oil out of reach for Asian refiners, pushing them to seek alternatives from the Middle East and Latin America, according to multiple traders and shipbrokers who track those markets. #oott https://www.marketscreener.com/news/soaring-freight-rates-threaten-asia-s-appetite-for-us-crude-ce785ddfdf81f423