January 10, 2025 16:58 GMT
OIL: Mideast Tanker Surplus Remains Below 12-Month Average
OIL
An excess of supertankers in the Middle East compared with crude cargoes for the next 30 days was up to 20%, compared to 18% the previous week, according to Bloomberg sources.
- The average for the past 12 months is 25%.
- Earnings on the benchmark ME-China route were $ 27,143, according to Bloomberg citing Baltic Exchange data.
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