Reuters
10 Jul 2026, 15:26 UTC · 3h ago
Freight rates for Russia's Urals shipments to India fall on higher tanker availability, sources say
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Reuters
10 Jul 2026, 15:26 UTC · 3h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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Freight rates for tanker shipments of Russian Urals crude to India decreased in July. — Lower freight rates typically signal reduced demand or oversupply in shipping capacity, negatively impacting tanker company revenues.
-0.40Increased vessel availability has eased pressure on the tanker market. — Higher supply of shipping tonnage puts downward pressure on spot rates and margins for shipping firms.
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