Bloomberg: only supertankers left to transport oil from the US to Europe
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The EU sanctions against the Russian oil and gas sector and the subsequent increase in Russian oil supplies to India and China have led to a shortage of small and medium-sized tankers on the market. As a result, almost all American oil exports to Europe are carried out by supertankers, no matter how loaded they are. This is reported Bloomberg.
According to Victor Caton, a leading analyst at Kpler, the cost of transporting a supertanker (with a capacity of up to 2 million barrels) is now about $2.7 per barrel of oil. While transportation on a vessel with a capacity of about 700,000 barrels along the same route is about $8.5 per barrel.
According to Bloomberg, 11 supertankers and 16 Suezmax-class vessels are due to arrive from the US to Europe in March. These vessels now carry about 60% of crude oil on the route, while a year ago they accounted for only 37% of the volume of traffic.
According to the agency, some super-large tankers leave half-empty, but the cost of such a trip for traders is still lower than on ships of medium and small capacity.
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