Thanks goes to Jody. He shot me this information in response to the post I did on China earlier.
tanker time
Arabian gulf - US = ~40 days
AG - China = ~20 days
this is one of the legs of the tanker short. U.S. demand destruction + gulf can't pump anymore.
The heavy demand is coming from shorter time routes
Plus you've got a fair amount of supply comign online late this year + Iran has been idling 14/15 tankers as its repaired some infrastructure.
For planning purposes you could add a couple of days to unload the fuel and bring it to the location needed. If it needed to be refined that would be another week. We are now 30 days until the start of the Olympics.
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