


| Oil shipping rates from U.S. to Asia hit three-year high, quieting November trade: sources |
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Freight rates for U.S. crude tankers bound for Asia were bid up to a more than three-year peak this week as U.S. sanctions on a Chinese transport giant cut vessel availability, traders and shipbrokers said. The United States last week imposed sanctions on two units of China’s COSCO for alleged involvement in ferrying crude out of Iran.
Posted: 2019-10-02 23:41:00
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