Shipping and insurance costs for energy flows are surging
OPEC
Statements (3)
- Neutral
OPEC and OPEC+ ministers discussed global surges in transport, freight, and insurance costs during a meeting in Riyadh
- Neutral
Shipping costs reached one third of crude oil value according to energy ministers
- Bearish
Shipping and insurance costs for energy flows are surging, according to OPEC and non-OPEC ministers.