Weekly Tanker Time Charter Estimates, July 21 2021
Despite the announcement from OPEC+ that oil production will increase in the coming months, to meet rising demand, the crude market has remained flat once again this week. Aside from some interest in the suezmax sector, there has been very little to report in the way of period activity.
Another quiet week for clean with very little to report in the way of timecharter fixtures.
Oil prices have dipped this week, following the news of increased crude production from OPEC+.