Global Refinery Maintenance Dents ‘Stronger For Longer’ Clean Market Outlook

Capt. John
Credit: Pixabay/Pexels
  • Global refinery maintenance topped 9.4 million barrels in April
  • Ton-mile demand estimated to grow 19.4% in 2022-2024 period
  • Americas MR spot freight tumbles 36%-45% in April

The ‘stronger for longer’ banter on the global clean tanker markets sums up Scorpio Tanker’s market outlook for the balance of the second quarter and the second half of the year, as the company attributes the substantial drop in clean tanker freight rates during the month of April to global refinery...

https://mfame.guru/global-refinery-maintenance-dents-stronger-for-longer-clean-market-outlook/

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