According to a Freight Waves article written by their Senior Editor Greg Miller, Analysts have warned that the tanker recovery will be a distant dream as rates are unlikely to recover before the second half of the year over crude oil production cut down
“It feels a bit like someone stole our clothes while we were enjoying a swim,” mused the analyst team at Fearnleys. They were quoting a political saying and referring to what just went down in the tanker market.
Saudi Crude Production Cut...https://mfame.guru/crude-oil-production-cut-down-slows-down-tanker-recover-to-second-half/