Brent back under $100/bbl for the first time since before the attack on the East-West pipeline.
Market putting faith in the latest round of diplomacy, I guess.
40 tankers - 16 million bbls
400k bbls per tanker
😂
This “US official” just tried for the largest number possible to make it sound big?
If they said 8 VLCCs, ok, maybe I’ll believe it.
40 tankers gave it away.