Sun, 12 Jul 2020 21:00:59 +0000

The tanker market is expected to remain heavily reliant on Middle East crude flows for a little while longer. In its latest weekly report, shipbroker Gibson said that “with world oil demand having collapsed in the wake of the Covid-19 pandemic, major downwards pressure on oil production was always going to be inevitable. Indeed, the …

 

Full article: https://www.hellenicshippingnews.com/tankers-oil-production-trends-pointing-towards-middle-easts-important-role-for-shipping/