VOL. XXXIII
NO. 6
13-NOVEMBER-1989
Higher Freight Rates Pose Problems For Gulf Crude marketing
The recent sharp rise in tanker freight rates is causing a number of problemsfor the marketing of Gulf crude exports, with headaches for buyers and sellersalike.
For the past three months shipments of Gulf crudes to westward destinationshave been rising steadily - chasing better prices and profits in western ascompared with eastern markets. And, as a result, over the past month VLCCtanker rates on...
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