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Tanker market report 11 November 2022

15 November 2022

VLCC earnings have been remarkably strong over the past few months despite the prospect of OPEC+ production cuts which are largely focused on the Middle East. With cuts planned, next year will also coincide with increases in regional refining runs, the fundamentals suggest earnings will ease into 2023. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.