Tankers With Russian Oil Flock to East Asia in Race for Buyers
More than a dozen tankers loaded with Russian Urals oil are sailing toward Asia or idling along the route, a sign of producers racing to get cargoes closer to China...
By Serene Cheong, Rong Wei Neo · Bloomberg Markets
More than a dozen tankers loaded with Russian Urals oil are sailing toward Asia or idling along the route, a sign of producers racing to get cargoes closer to China as India pulls back from the trade.