Tanker market report dated 04 December 2020
07 December 2020A year ago, US crude production reached its highest level ever, averaging 12.9 million b/d in November 2019. At the time, many were convinced the sector was set for robust growth in the years to come. However, the global pandemic, a brief but fierce oil price war and an unprecedented negative WTI prices back in April changed all that. Weekly tanker market report by Gibson Shipbrokers.