News Headlines:
OIL DAYBOOK EUROPE: China Bucks Slumping Energy Demand in 2020 (Bloomberg)
Energy use and carbon emissions dropped almost everywhere in 2020 as the pandemic kept people at home, but China was one major exception, BP Plc said in its annual Statistical Review of World Energy. OIL FUTURES: Oil Heads for Worst Week Since April on OPEC+
Benchmark Oil Tanker Rates Slip; (Bloomberg)
Rates for hauling oil on the benchmark Middle East-to-China route edged lower to WS 31.59. That equates to a daily loss of -$4,995 vs -$5,822 Wednesday. Biggest Worldscale move for clean tankers was on TC2, NW Europe to the U.S. Atlantic Coast, which fell 1.2% to 116.67.
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FIS Tankers Daily Report 2021-07-09
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