Asian Oil Buyers Hiring Smaller Ships as Supertanker Rates Soar
A tugboat pulls a Petroleo Brasileiro SA (Petrobras) oil tanker in the Guanabara Bay in Niteroi, Brazil. (Photographer: Dado Galdieri/Bloomberg)

Asian Oil Buyers Hiring Smaller Ships as Supertanker Rates Soar

(Bloomberg) -- A growing number of Asian oil refiners are looking to hire smaller vessels to carry crude from the Persian Gulf after a Saudi Arabian booking spree spurred a surge in supertanker rat...
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