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Indian Oil : Oil producers, refiners face surging global freight rates after U.S. sanctions
HOUSTON/NEW YORK/LONDON (Reuters) - Rates to charter oil tankers from the Arab Gulf, United Kingdom and the U.S. Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of U.S. sanctions on units of Chinese giant COSCO.


Posted: 2019-10-12 00:48:00

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Verse of the day

O Jerusalem, Jerusalem, thou that killest the prophets, and stonest them which are sent unto thee, how often would I have gathered thy chickens together, even as a hen gathereth her chickens under her wings, and ye would not! Matthew, 23. 37

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