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Weekly Tanker Time Charter Estimates, January 16 2019

Has this market been short-lived or will it maintain strength and with Chinese New Year around the corner, is this the calm before the storm?

At Alibra we forecast that the period market will firm around the end of February.

Oil prices dipped earlier in the week amid further news of economic slowdown in China but have since risen once again following reports that the People’s Bank of China have now taken steps boost the economy.

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