Home Commodities Soaring crude tanker rates dent long-haul crude differentials

Soaring crude tanker rates dent long-haul crude differentials

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With longer-haul voyages and the ‘dark fleet’ growing, tight freight availability is pushing shipping rates to fresh highs. What does strong shipping market mean for the crude competing to replace Russian flows?

S&P Global Commodity Insights reporters George Papageorgiou, Sam Angell, and George Delaney discuss with Joel Hanley the spike in rates and the effect on oil from the Mediterranean and Africa.


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FEATURE: Growing maritime risks as shadow tanker fleet expands to cover Russian trades


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More listening options:




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