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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, November 09 2016

The previously damaged Colonial pipeline following an explosion in the US restarted this week dropping Transatlantic rates again to the normal lows.

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Weekly Tanker Time Charter Estimates, November 02 2016

After the fatal explosion of the Colonial Pipeline in Alabama, Transatlantic market has sky rocketed especially for tonnage up to MR tankers.

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Weekly Tanker Time Charter Estimates, October 26 2016

Oil prices fell below $50 once again against expectation that prices would firm between the $50-$60 range after OPECS production cut commitments.

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Weekly Tanker Time Charter Estimates, October 19 2016

Crude markets are expected to firm between $50-$60 in the wake of

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Weekly Tanker Time Charter Estimates, October 12 2016

Crude markets continue to trade above the $50 threshold fuelled by speculation that Russia will join OPEC members in an effort to limit oil production.

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Weekly Tanker Time Charter Estimates, October 05 2016

After the short rally two weeks ago, Suezmax activity has weakened due to over tonnage and limited stems.

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Weekly Tanker Time Charter Estimates, September 28 2016

Oil markets have reacted to signals from Iran and Saudi Arabia that oil production from OPEC is unlikely to be restricted

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Weekly Tanker Time Charter Estimates, September 21 2016

In the wet sector, analysts claim that the recovery of the market will eventually come, but this is not expected to happen before 2017.

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Weekly Tanker Time Charter Estimates, September 14 2016

Earlier this week IEA released the Oil Market report for September and after indications for faster decline in the global demand,

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Weekly Tanker Time Charter Estimates, September 07 2016

Another slow week for the wet market, with everybody waiting to see the direction of the market.

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Weekly Tanker Time Charter Estimates, August 31 2016

Crude markets await OPEC’s September meeting where it is anticipated that the group will agree on a production freeze and ease current supply-demand disequilibrium.

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Weekly Tanker Time Charter Estimates, August 24 2016

Crude continues to trade between the $48-$50 range buoyed by an anticipated price hike ahead of OPECs Algeria meeting next month to address oil production levels.

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Weekly Tanker Time Charter Estimates, August 17 2016

Crude prices reached the highest rates in five weeks with Brent closing at $48 and WTI at $46 following speculation that OPEC could freeze crude output and opt for market stability.

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Weekly Tanker Time Charter Estimates, August 10 2016

The BCTI and BDTI retracted by 9 and 11 points since last week, reaching 449 and 505 respectively.

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Weekly Tanker Time Charter Estimates, August 03 2016

Since the close of August Brent Crude has been trading daily between $41.80-$42.20 with some market confidence being provided,

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