Javier Blas
@JavierBlas
Energy and commodities columnist at Bloomberg.
Co-author of the 'The World for Sale'
Any views expressed are my own. jblas3@bloomberg.net
Joined August 2013
1.5K Following 402.1K Followers
Iraq is offering effectively a $25-$29 a barrel payment to anyone willing to risk loading at its port inside the Persian Gulf and take the barrels out.
On a single VLCC, that’s a ~$50-$58 million potential profit, minus costs (and the risk of getting sunk by Iran, that’s it).
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