- Oil demand is coming fast, floating storage has peaked.
- Oil already stored on tankers will be drawn down much quicker than predicted, rate pain during the drawdown period will be less prolonged than expected.
- Market dynamics will revert to old-fashioned supply versus demand, demand will exceed constrained supply, ergo rates will rise.
- Sure, rates will be down in the near term, but the future looks great and tanker stocks are trading at a discount, so buy the stocks.
- Frontline reported net...
https://mfame.guru/tanker-market-to-perform-well-as-floating-storage-unwinds/