(Bloomberg) -- The rate for shipping oil on tankers
that can carry 80,000 metric tons on Asian routes posted the
smallest increase in six days and any gain may be limited by the
increased availability of ships for hire.
The rate for the Kuwait-to-Singapore route climbed 0.14
percent to Worldscale 132.50 yesterday, according to data from
the London-based Baltic Exchange. That puts the cost of shipping
a barrel of oil at $1.78, Bloomberg data showed.
Read more at Bloomberg Energy News
that can carry 80,000 metric tons on Asian routes posted the
smallest increase in six days and any gain may be limited by the
increased availability of ships for hire.
The rate for the Kuwait-to-Singapore route climbed 0.14
percent to Worldscale 132.50 yesterday, according to data from
the London-based Baltic Exchange. That puts the cost of shipping
a barrel of oil at $1.78, Bloomberg data showed.
Read more at Bloomberg Energy News
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