Glencore, Taiwan Refiner Book Tankers to Load Middle East Oil After Ceasefire
Glencore booked the Asian Lion and CPC secured a tanker for 2 million barrels as shippers await clearer terms for Gulf transit.
6 Articles
6 Articles
Traders and Refiners Book Ships to Load Middle East Oil on Hormuz Hope
The state refiner of Taiwan and commodity trading giant Glencore have each booked a tanker to travel to the Middle East and load oil, in a sign that crude customers are hoping for a re-opening of the Strait of Hormuz after the announcement of the U.S.-Iran ceasefire. CPC, Taiwan's state refiner, has booked a tanker to load 2 million barrels of crude from the Middle East and bring it to Taiwan in the coming weeks, Taiwanese Economy Minister Kung …
Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens
Commodities trader Glencore and Taiwan's state refiner CPC have chartered a tanker each to load Middle Eastern crude for Asia, while vessels in the Gulf are preparing to exit via the Strait of Hormuz, a day after the ceasefire in the U.S.-Iran…
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