WAF VLCC market continues to firm on rising oil demand
Dirty freight rates for Very Large Crude Carrier voyages loading in West Africa have firmed substantially since the start of October, with market participants citing increased demand for oil to replenish depleted stocks and support from booming Suezmax and Aframax markets. Platts, part of S&P Global Commodity Insights, assessed wet freight on the 260,000 mt WAF-East route at w76 on…Dirty freight rates for Very Large Crude Carrier voyages loading in West Africa have firmed substantially since the start of October, with market participants citing increased demand for oil to replenish depleted stocks and support from booming Suezmax and Aframax markets. Platts, part of S&P Global Commodity Insights, assessed wet freight on the 260,000 mt WAF-East route at w76 on… Read More
