Friday, October 2, 2015

Supertanker Day Rates Soaring -- Blame It On The Chinese For Hoarding -- September 2, 2015

BloombergBusiness is reporting: supertanker day rates are soaring; above $100,000 / day; highest since 2008. Blamed on China depleting supertanker fleet.

Tweeting now: US rig count plunges 29 units to 809—lowest total since May, 3 2002, via @BHInc.
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