The article examines fuel oil imports in Egypt and Saudi Arabia, as well as alternative energy sources used for power generation
This summer has seen diverging trends in Atlantic Basin clean freight rates, as a reaction to key demand centers importing more or less than expected.
Iran’s July crude exports averaged 1.5 mbd, holding firm despite sharp m‑o‑m drop and new US sanctions targeting tankers, agents, and a key China hub.
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Russia-India crude flows can rebound to normal levels, contingent on additions to vessel supply of shadow fleet.
The article examines fuel oil imports in Egypt and Saudi Arabia, as well as alternative energy sources used for power generation
This summer has seen diverging trends in Atlantic Basin clean freight rates, as a reaction to key demand centers importing more or less than expected.
