The Oil Market Is Breaking Apart: Brent-WTI Price Gap Hits $13
Brent trades $13 above WTI as record tanker rates keep U.S. crude at home. Freight to China now costs $40 a barrel, and BNO is outpacing USO. 2011 offers a guide.
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Dry Beer Taps, Glove Shortages and Record Tanker Rates Trace Back to Hormuz
Global supply chains are feeling the impact of the Strait of Hormuz disruption, driving up freight costs, diesel prices, trucking rates, and tanker earnings as manufacturers and shippers face mounting pressure.
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