Beihai Terminal continues receiving sanctioned cargoes. It was chosen for its low-risk profile, limiting the impact of any potential supply disruptions.
Crude freight markets remain well-supported by regulatory disruptions and an oversupplied seaborne crude market.
Jet/kero demand continues to show strength amid sharp supply reductions in key producing regions.
The US and EU have tightened sanctions on Russian oil trade. Rosneft and Lukoil have now been sanctioned, tightening compliance around trade.
Beihai Terminal continues receiving sanctioned cargoes. It was chosen for its low-risk profile, limiting the impact of any potential supply disruptions.
Jet/kero demand continues to show strength amid sharp supply reductions in key producing regions.
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