World Tanker Market Sees Possible Rate Hikes

  • Fledgling demand will have a major impact on total volumes needed, while global oil and petrochemical production is expected to increase slightly.
  • The current roller-coaster situation in oil, gas and commodities in general, is putting pressure on the maritime sectors overall.
  • The analysis shows that in absence of large changes in current policies, it is still too early to expect a rapid decline in oil demand.
  • At the same time, demand for oil products (petrochemicals, fuels), more than 6...;amp;

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