Tanker Rates Widen Rise Due to Sanctions and Strong Demand to Load Middle East Oil (NYSE:FRO)
Tanker Rates Widen Rise Due to Sanctions and Strong Demand to Load Middle East Oil (NYSE:FRO)


January 15, 2025 7:53 am ETFrontline plc (FRO) shares, NAT sharesTK, SHEL, DHTTEN, DAC, STNG, ASC, INSW, TRMD, HAFNBy: carl surran, SA News Editor

rgaydos/E+ via Getty Images

Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply due to the latest U.S. sanctions on the Russian fleet and demand from traders for ships to load Middle East oil for Asia, Reuters reported on Wednesday.

Shell (

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *