Post by
Oldnagger on Apr 06, 2022 5:59am
Tanker costs
Russian Crude going to Asia is just one more factor pushing up oil tanker costs which have quadrupled. (due to the much longer shipping times)
This will not only serve to increase the substantial premium over Brent that VET already enjoys for their Australian Crude , but also will tend to support higher Crude prices Globally !!
Comment by
aphill on Apr 06, 2022 8:01am
This post has been removed in accordance with Community Policy
Comment by
Oldnagger on Apr 06, 2022 11:45am
Latest news is that China will soon stop taking more Russian Crude, That leaves India. How could that not be bullish??
Comment by
mnztr on Apr 06, 2022 11:58am
China's state refiners may shun Russian crude, but they will purchase it through proxies. China is the master at sanctions busting and they will go out of their way to assist Russia
Comment by
prested on Apr 06, 2022 12:44pm
I urge all posters to cease from eating curry until the Indian government falls in with the boycott.LOL