- Large increase in Middle East refineries.
- Longer distances will decrease the tanker supply.
- Tighter lending market will keep the fleet size steady.
Scorpio Tankers is primed to take advantage of the tanker super cycle, reports Seeking Alpha.
With spreads between contract months for WTI crude oil contracting to near pre-corona levels, the next catalyst for tankers will be a super cycle spurred by a large increase in Middle East refineries, longer distances needed to be traveled by tankers, and a...
https://mfame.guru/tanker-industry-supercycle-to-amp-up-international-transportation-provider/