<p>Soaring tanker freight rates are taking an increasingly heavy toll on the world’s oil majors, with the latest quarterly results revealing billions of dollars in additional shipping-related liabilities, squeezed refining margins and losses on trading positions. Shell has disclosed a $5.4bn non-cash increase in its shipping lease liabilities during the third quarter, reflecting the extraordinary …</p> </p><p><p>https://splash247.com/oil-majors-count-the-cost-of-runaway-tanker-rates/</p></p>
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