Over the past month we have seen a resurgence in oil tanker freight rates as the Baltic Dirty Tanker Index (BDTI) has risen from lows of 713 in early September to recent highs of 839, suggesting that dirty tankers are back in demand. Historically, tanker rates rise in the first and fourth quarters of the year as demand for oil increases ahead of winter in the northern hemisphere.
The IEA forecast also supports this narrative. In its latest report,...
https://mfame.guru/intermodal-weekly-market-report-week-392023/