- Fuel oil Med-north at 7-month high on local demand, exports to Saudi Arabia
- US asphalt demand grows as federal funding increases
- China's SHFE likely to launch tax-free 380 CST fuel oil contract in June
Tanker owners brace for stormy 2018 as freight rates plummetFreight rates for crude oil tankers have nosedived so far in 2018 and are likely to remain depressed in the near term, weighed down by fleet growth and ongoing production cuts by OPEC and non-OPEC producers, industry sources said Thursday.
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