At $1 million a day, a VLCC carrying about 2 million barrels adds roughly $0.50 per barrel for each extra voyage day, so delivered crude in Asia can run several dollars above $104 Brent.
0
At $1 million a day, a VLCC carrying about 2 million barrels adds roughly $0.50 per barrel for each extra voyage day, so delivered crude in Asia can run several dollars above $104 Brent.