Total CEO: "Hormuz supertanker transport cost about $20 million"
TTE TotalEnergies SE
$89.89 -1.11%
View chart & analysis → - 1TotalEnergies (TTE) CEO cites roughly $20 million oil transport cost for Hormuz Strait supertankers
- 2Notes Persian Gulf inner-zone barrel purchases at $50–$60 with additional freight of about $10 per barrel
- 3Hormuz volumes have kept international oil prices from breaking $100, but provided wide margins for shipowners and brokers
This 3-line summary is compiled from the report below.
Bloomberg View original ↗
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