Mercuria accuses Baltic Exchange of keeping disputed tanker rate due to rival fears
Briefing by News4U · First published
Mercuria Energy Group says the Baltic Exchange continues publishing the benchmark oil tanker rate despite Iran war distortions, fearing loss of business to a competitor.
Bloomberg reported that Mercuria Energy Group accused the Baltic Exchange of continuing to publish the world’s benchmark oil tanker rate, despite distortions caused by the Iran war, because it feared losing business to a competitor. [1]
Sources
- Mercuria Says Rival Fears Made Baltic Keep Disputed Tanker Rate
Bloomberg · · Summary only