Oil supplies are recovering, but prices remain stubbornly high. Peter Bouwhuis examines how #StraitOfHormuz disruptions, soaring #TankerRates, insurance costs and refinery shortages are reshaping #GlobalEnergy markets and exposing serious weaknesses in international #OilLogistics.
The question now is whether a US$10 discount can ever make up for a US$40 freight bill, and how long European diesel buyers will keep paying the difference. #HeavyCrude #TankerRates #DieselCrunch
