Period rated for crude have been firm this week, with substantial premiums being paid over the spot market.

Limited activity in the crude period market this week, there has been some interest long-term period fixtures for the aframax sector.

A busy week for the VLCC period market this week, rates have been stable with a number of period fixtures reported ranging from one month to three years.

On the crude side, VLCCs remain low this week with limited enquiry, the average one- year TC rate for VLCCs is estimated at $32,000/pdpr.

The crude market has been flat this week on the period front, due to various holidays around the world.

A number of one-year Aframax fixtures have come to light this week, although the timecharter market for VLCCS and Suezmaxes has been quieter.

The crude market has remained steady this week and the average 1-year TC rate for VLCCS is estimated to be $31,000/pdpr.

As the spot market for crude continues to fall, the period market has remained steady with a few one-year fixtures reported in the past week.

A slightly more active week for the crude market and rates have remained steady, the average 1 year TC rate for VLCCs is currently estimated at $31,000/day.

Rates remain supressed as the market fails to uphold any significant momentum, and overall a disappointing week particularly for VLCCs.

Crude period rates remain firm for the time being despite a limited number of fixtures reported this week.

The crude period market has seen plenty of interest this week, and rates have remained stable.

Improvement in the period market for VLCCs this week has had boosted sentiment for crude overall.

In the crude market, sentiment continues to show some improvement with increased interest in longer term contracts.

A quiet week for crude and despite a slow start, the underlying sentiment seems to have improved based on the firming of spot rates.