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by schoen
1371 days ago
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It feels intuitive that the tanker tracking is relevant to traders, but how would they really use this information? Does the arrival schedule of individual oil tankers really noticeably move energy prices in a particular country or particular region? Like, does crude oil locally get $0.001/gallon or $0.001/barrel cheaper each time a tanker arrives somewhere? Or is it more like "a storm is delaying 30 tankers' arrival" or "a war is delaying 20 tankers' departure", to understand industry-wide or market-wide patterns? |
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