In today’s tumultuous markets, freight rates and oil product prices have been unpredictable. Will this volatility continue? What are the main correlations between the two markets?
In this Weight of Freight podcast, Argus’ Freight Editor for Asia, Andrew Khaw is joined by Asia Pacific Products Editor Aldric Chew and Senior Freight Reporter Sean Zhuang, to discuss the recent market trends, and how the freight market is affected by the east-west arbitrage spreads, poor downstream demand in China, and the significant fall in gasoline margins in the US.
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