Venezuela Spot Oil Sales Snarled by Surging Freight Costs
Sales of Venezuelan oil for loading in October stalled after a surge in shipping costs muddled negotiations between the country’s state oil company and buyers of its oil.
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2 matching records found
Sales of Venezuelan oil for loading in October stalled after a surge in shipping costs muddled negotiations between the country’s state oil company and buyers of its oil.
Mineração Usiminas suspended its Samambaia plant, up to 35 percent of output, as iron ore fell below US$100 and freight to China rose by half. The post Usiminas Idles a Minas Gerais Mine as Freight Costs Outrun the Ore Price appeared first on The Rio Times.
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