(Bloomberg) -- Asian freight rates for shipping
jet fuel, gasoline and other clean petroleum products were
mostly higher on a dearth of vessels and may rise in the next
few days following a drop in Japan's oil product inventories.
The cost of hiring medium-range or MR tankers capable of
shipping 30,000-ton oil-product cargoes on the benchmark
Singapore-Japan rose for a third straight day, according to the
London-based Baltic Exchange. It added 2.2 percent to
Worldscale 203.33 yesterday, up 2.6 percent from June 22.
Read more at Bloomberg Energy News
jet fuel, gasoline and other clean petroleum products were
mostly higher on a dearth of vessels and may rise in the next
few days following a drop in Japan's oil product inventories.
The cost of hiring medium-range or MR tankers capable of
shipping 30,000-ton oil-product cargoes on the benchmark
Singapore-Japan rose for a third straight day, according to the
London-based Baltic Exchange. It added 2.2 percent to
Worldscale 203.33 yesterday, up 2.6 percent from June 22.
Read more at Bloomberg Energy News
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