China Shows Dominance in Oil Tanker Market as IMO-2020 Approaches!

According to an article published in Bloomberg, China’s demand for crude oil shows no signs of abating.

Increased movement of supertankers

There are currently more supertankers bound for the Asian nation than at any time since the start of 2017 and possibly longer. That could signal that China’s refineries are planning to run hard through the end of the year when the shipping industry is moving to cleaner fuel standards. China could also be working to secure supply following recent tensions in...

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