(Bloomberg) -- Rates to ship crude oil from the
Caribbean basin extended their decline as demand in the region
continued to be hurt by low refinery operating rates and high oil
stockpiles.
The current rate to contract an Aframax tanker, which can
transport about 600,000 barrels of oil, was an average rate of
Worldscale, or WS, 142.5 at 9:13 a.m. New York time, according to
New York-based broker Poten & Partners.
Read more at Bloomberg Energy News
Caribbean basin extended their decline as demand in the region
continued to be hurt by low refinery operating rates and high oil
stockpiles.
The current rate to contract an Aframax tanker, which can
transport about 600,000 barrels of oil, was an average rate of
Worldscale, or WS, 142.5 at 9:13 a.m. New York time, according to
New York-based broker Poten & Partners.
Read more at Bloomberg Energy News
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