Tue, 12 May 2020 21:00:58 +0000

Just over a month ago we put out a note on the collapse in oil prices and the pressures in the market from the significant loss in global oil demand because of ‘lockdowns’ against covid-19. Since then, estimates of demand losses have been even greater, and oil prices took another tumble at end April (only …

 

Full article: https://www.hellenicshippingnews.com/bunkers-we-are-off-recent-price-lows-but-that-doesnt-mean-we-are-in-a-continually-rising-market/