Production cut by OPEC and allies unlikely to hurt crude tankers

Capt. John

A sharp decline in prices as well as mounting pressure of oversupply has forced OPEC and its allies to cut production. However, crude tanker demand is unlikely to be affected, as a notional loss in the volume of crude oil trade owing to the production cut will be more than compensated by the...

https://www.hellenicshippingnews.com/production-cut-by-opec-and-allies-unlikely-to-hurt-crude-tankers/

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