Thursday, 3 March 2016

[wanabidii] Oil prices are so low it's cheaper to sail 9,000km around Africa than cross the Suez Canal and pay fees (M&G Africa)

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Mail & Guardian Africa
African Truth
04 Mar 2016
 
 
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Oil prices are so low it's cheaper to sail 9,000km around Africa than cross the Suez Canal and pay fees
 
Oil prices are so low it's cheaper to sail 9,000km around Africa than cross the Suez Canal and pay fees
 
There are signs that low prices are bad for criminals too, so they are focusing more on ransoming ship crews, than stealing the crude on the vessels
 
 
 
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