31MAY2019 - NEWS - Extended OPEC cuts set to hold down tanker rates

Sector also faces problems from shrinking demand and growing fleet, says industry analyst.

Crude-tanker freight rates are unlikely to see significant recovery amid continued OPEC production cuts, a leading analyst has forecast. “This could cap a recovery in tanker demand".

Published by Editor - www.Livebunkers.com at 31-May-2019 02:58:40 [UTC] , contact editor at editor@livebunkers.com