(Bloomberg) -- Rates to ship crude oil in the
Caribbean basin rose, rebounding from a 12 percent drop last
week, on signs of increased demand from U.S. refineries.
Four Aframax tankers, which can each transport about 600,000
barrels of oil, were hired today to move crude from the Caribbean
to the U.S. for an average rate in the industry Worldscale
measure of WS 155, an increase of 3.3 percent from the day
before, according to a daily report from Lone Star, R.S. Platou
in Houston.
Read more at Bloomberg Commodities News
Caribbean basin rose, rebounding from a 12 percent drop last
week, on signs of increased demand from U.S. refineries.
Four Aframax tankers, which can each transport about 600,000
barrels of oil, were hired today to move crude from the Caribbean
to the U.S. for an average rate in the industry Worldscale
measure of WS 155, an increase of 3.3 percent from the day
before, according to a daily report from Lone Star, R.S. Platou
in Houston.
Read more at Bloomberg Commodities News
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