Tanker Rates Crash as OPEC+ Cuts Near. Tanker Owners Reman Bullish

Capt. John

By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From today, crude producers in the OPEC+ alliance are cutting their collective output by a level that’s unprecedented in history — almost 10% of global...

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