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Argus is a leading provider of price assessments, intelligence and market data on a variety of global energy and commodities markets.
The Weight of Freight: Mideast Gulf VLCC rate volatility
Argus Media
7 minutes
4 days ago
The Weight of Freight: Mideast Gulf VLCC rate volatility
Mideast Gulf VLCC rates have surged and fallen throughout the second half of the year. This podcast goes over recent changes to the market, including India's recent shift away from Russian crude oil toward a Mideast Gulf supply and the resulting rally of tanker demand.
Key Points:
- Opec production target increases
- India's shift away from Russian crude
- Market outlook for the next quarter
Argus Media
Argus is a leading provider of price assessments, intelligence and market data on a variety of global energy and commodities markets.