Bloomberg: Oil-Product Tanker Rates To Stay High On Hurricanes

“In this Bloomberg article, Poten states, “the cost of shipping gasoline and other oil products will remain near five-year highs as hurricane damage limits U.S. fuel output”. Poten also goes on to say, “current estimates that full recovery of Gulf of Mexico oil production facilities and refineries will take a year, means that trend of higher import levels will continue.”