Oil Price Information Service: Ocean Shipping Costs for Crude Rises on Some Routes

“OPIS quoted Poten & Partners research in this article on tanker rates. “Rates to the U.S. Gulf from the Middle East have also begun to rise, and are likely to continue to, according to ship broker Poten & Partners. ‘…tanker owners may be facing a stronger market at least for the time it takes for the OPEC members to prevent oil prices from rising further,’ Poten said in a report on its Web site.” says the article.”
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