Energy and oilUpdated 2h ago

Discount and transport costs approach $50 per barrel

Attaqa reports that the arrangement includes a $38-per-barrel discount and about $12 per barrel for trucking and related logistics. Together, those amounts approach $50 per barrel; they are the combined discount and transport-related costs, not the oil’s sale price. The report describes a three-month plan beginning Oct. 14 for 5 million–14 million barrels, while about 1.6 million barrels had been loaded by its report date.

1 publisher1 report

Coverage started 2h ago