2023 so far has been another positive period for crude oil trade,despite the high oil prices and risks of economic recession.
In Jan-Aug 2023, global crude oil loadings went up +7.0% y-o-y to 1,440.7 mln tonnes, excluding all cabotage trade, according to vessels tracking data from Refinitiv.
This was well above the 1,346.5 mln tonnes in Jan-Aug 2022 and the 1,240.3 mln t of Jan-Aug 2021, but also slightly above the 1,397.3 mln tonnes in the...
https://mfame.guru/bancosta-weekly-market-report-week-372023/