Market seeks alternatives to Russian crude supplies

The geopolitically exposed dirty tanker markets are likely to remain highly volatile through second quarter of 2022 as crude oil fundamentals remain uncertain. Following the Russian invasion of Ukraine, several dirty tanker freight rates spiked to multiyear or all-time highs as uncertainty flooded into the oil markets. Freight for the Baltic-to-UKC and the Black Sea-to-Mediterranean …

The post Market seeks alternatives to Russian crude supplies first appeared on Hellenic Shipping News Worldwide.

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