Oil Supertankers Fetch Astronomical Rates With Vessels Scarce
An oil tanker is anchored near the Port of Long Beach, California, U.S. (Photographer: Tim Rue/Bloomberg)

Oil Supertankers Fetch Astronomical Rates With Vessels Scarce

(Bloomberg) -- Oil companies are being forced to pay exorbitant prices for oil tankers as shipowners book vessels for storage and Saudi Arabia snaps up ships as it prepares to flood the market with...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.