Bloomberg
The Physical Oil Squeeze Eases for Now as Buyers Back Away
The cost of a real-world oil cargo is dropping fast as buyers back away, in a dramatic reversal from last month’s bidding frenzy despite the ongoing closure of the Strait of Hormuz.
YC
Yongchang Chin, Sherry Su, Bill Lehane, Lucia Kassai
Newsroom · hace 34 días
The cost of a real-world oil cargo is dropping fast as buyers back away, in a dramatic reversal from last month’s bidding frenzy despite the ongoing closure of the Strait of Hormuz.