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Oil shipping costs spike 9 times to $40.50 a barrel as US-Japan tanker trip hits $81 million

Oil shipping costs have surged nine times to $40.50 a barrel, with a US-to-Japan tanker trip costing $81 million as freight rates push up fuel costs.

Oil shipping costs spike 9 times to $40.50 a barrel as US-Japan tanker trip hits $81 million

We haven't written up this one. Hindustan Times - World News has the full story — the link below goes straight to it.

Read the original at hindustantimes.com →

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