(Bloomberg) -- The cost of shipping 80,000 metric
tons of oil on Asian routes dropped the first time in six days
as most bookings for early July have been concluded. Further
declines may be limited as freights for the rest of the month
are fixed.
The rate of shipping crude or fuel oil on so-called Aframax
tankers to Singapore from Kuwait dropped 0.13 percent to
Worldscale 154.42 yesterday, according to the London-based
Baltic Exchange. Last week, it rose the most since March 30.
Read more at Bloomberg Energy News
tons of oil on Asian routes dropped the first time in six days
as most bookings for early July have been concluded. Further
declines may be limited as freights for the rest of the month
are fixed.
The rate of shipping crude or fuel oil on so-called Aframax
tankers to Singapore from Kuwait dropped 0.13 percent to
Worldscale 154.42 yesterday, according to the London-based
Baltic Exchange. Last week, it rose the most since March 30.
Read more at Bloomberg Energy News
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