US Crude Export Trading Dries Up as Tanker Rates Skyrocket

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Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to market participants. Some sellers have held back from offering cargoes, while others have yet to reduce their offers ...

from Google Alert - Business https://ift.tt/2oBp8DO
Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to market participants. Some sellers have held back from offering cargoes, while others have yet to reduce their offers ... https://ift.tt/eA8V8J

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