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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (53211)3/1/2022 11:25:16 AM
From: Sun Tzu2 Recommendations

Recommended By
ajtj99
towerdog

  Read Replies (2) | Respond to of 97451
 
RATES FOR OIL TANKERS SAILING FROM RUSSIA'S BALTIC SEA MIGHT EXCEED $200,000 PER DAY. - SOURCE.

(Side note - I think Turkey said they may block passage of Russian oil tankers from the black sea or something to that effect. So I am not sure what route those tankers will take, but whatever it is, it will take a lot longer than which will increase the costs exponentially with the increase in the rates. Since Russia will have to absorb those costs, their income is falling rapidly).