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Mmastodon EnvironmentEnergy first seen 1 d ago, last 1 d ago, peak #1

Oil tanker charter costs now exceed a rocket launch

Original: Öljytankkerin vuokraaminen maksaa nyt enemmän kuin avaruusraketin laukaisu ja öljytynnyrin hintaan pitää lisätä vuoden t

Chartering an oil tanker now costs more than launching a space rocket, and freight charges of $33 a barrel must be added to the price of oil, compared with just over a dollar a year ago. Commenters argue that when the disruption settles, Russia, with its extensive shipping capacity and positioning, stands to benefit most among countries on the water.

Why now: Soaring tanker freight rates are driving discussion about who gains and loses in the disrupted global oil shipping market.

Russiaoil tanker marketglobal oil trade

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