Crude freight tops $20/barrel: what Indian fuel users should watch

In this short

• FUEL LOGISTICS Crude freight costs jump sevenfold Freight risk is rising for Asian refiners, but no immediate Indian pump-price hike is confirmed.
• THE NUMBER Average freight tops twenty dollars $20+/barrel Goldman Sachs says the global average crude freight rate is now above twenty dollars per barrel.
• YEAR ON YEAR The earlier level was three dollars $3/barrel The comparable global freight level a year earlier was about three dollars per barrel.
• INDIA IMPACT Pump prices may not move immediately Refiners can absorb freight pressure, change suppliers or pass on costs later.
• READ THE FULL STORY Track the cost chain See what drivers, fleets and the market should watch next.
• READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.