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Weekly Tanker Time Charter Estimates December 06 2017

Goldman Sachs on the recently released report expects crude oil prices to be retained and strong.

From BRENT and WTI a return of 9% within the next months is predicted. With regards to the  shipping market, while there is some positivity on the VLCC spot rates, VLCC and Suezmax 1 year period TC rates remained stable at $28,000/pdpr and $18,750/pdpr for 1 year contracts.

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