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Weekly Tanker Time Charter Estimates, July 03 2019

The crude period market has been quiet this week except for the VLCC sector that saw a considerable number of long-term fixtures reported, around the 3 year mark.

In the clean period market, interest remains in longer period fixtures for MRs.

Following their meeting in Vienna this week, OPEC+ has announced that it will extend supply cuts through to 2020, in a bid to boost oil prices.

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