Quantcast
Channel: Oil & Companies News – Hellenic Shipping News Worldwide
Viewing all articles
Browse latest Browse all 2181

Iranian oil prices to China hit new multi-year highs as sanctions hit shipping, sources say

$
0
0
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said. Rising prices for Iranian oil as well as Russian crude are raising costs for independent Chinese refiners that account for about ...

Viewing all articles
Browse latest Browse all 2181

Trending Articles