The weekly report on China's foreign trade oil tanker transport market released by the Shanghai Shipping Exchange shows that Brent crude oil futures prices edged down this week, VLCC (Very Large Crude Carrier) freight rates in the global crude oil transport market decreased from high levels, and freight rates for China’s import VLCC transport market also declined from previous highs.
The weekly report on China's foreign trade oil tanker transport market released by the Shanghai Shipping Exchange shows that Brent crude oil futures prices edged down this week, VLCC (Very Large Crude Carrier) freight rates in the global crude oil transport market decreased from high levels, and freight rates for China’s import VLCC transport market also declined from previous highs.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
On May 21, the Shanghai Shipping Exchange released the China Imported Crude Oil Composite Index (CTFI) at 4,126.11 points, down 3.5% compared to May 14.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Analysis: Rising US Treasury yields dampen market appetite for bitcoin allocation
Odaily星球日报•2026/05/23 10:32
Trending news
MoreData: If ETH breaks above $2,130, the cumulative strength of short liquidations on major CEXs will reach $1.317 billions.
The International Monetary Fund (IMF) urges the European Union to implement internal reforms, promote fiscal consolidation, and unify member states' markets to address rising debt and spending pressures.
Crypto prices
More
Bitcoin
BTC
$74,655.27
-3.34%
Ethereum
ETH
$2,027.17
-4.40%
Tether USDt
USDT
$0.9989
-0.01%
BNB
BNB
$638.79
-2.44%
XRP
XRP
$1.32
-2.94%
USDC
USDC
$0.9997
-0.01%
Solana
SOL
$82.17
-5.41%
TRON
TRX
$0.3608
-1.06%
Dogecoin
DOGE
$0.09935
-5.81%
Hyperliquid
HYPE
$55.56
-6.25%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now