EconomyAsian refiners use smaller tankers and buy delivered crude as freight rates soar
Asian refiners are turning to smaller tankers, long-term vessel charters and delivered-basis purchases of Middle East crude to reduce feedstock costs as freight rates hover near record levels, company officials said.
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Reuters★★☆☆☆2026-10-20 09:40Original
Asian refiners use smaller tankers and buy delivered crude as freight rates soar
Economy