TopNewsOn
Business

Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels

Bill Lehane and Christopher Charleston·Bloomberg·November 9, 2026

The cost of shipping oil is continuing to plunge, even if rates remain at very high levels, potentially helping to make longer-distance crude trades more attractive.

Read the full story at Bloomberg →
Oil Tanker Rates Extend Plunge, Still Trade at Very High Levels — TopNewsOn