Low tanker rates are enabling more long-distance crude oil and petroleum product trade">Low tanker rates are enabling more long-distance crude oil and petroleum product trade
(Thu, 27 Oct 2016) Recent expansion of the global crude oil and petroleum product tanker fleet has resulted in falling or lower tanker rates for much of 2016 that have widened the geographic scope for economically attractive trade at a time when inventories of both crude oil and petroleum products are at high levels.
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