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Weekly Tanker Time Charter Estimates, July 22 2020

The crude market has been quiet overall with the summer season underway, some activity has been reported in the Aframax sector mainly focused on short-term.

The clean market has been quiet with few period fixtures reported this week.

Oil prices climbed to the highest levels since the Saudi Arabia/Russia price wars earlier this year as the EU agreed an historic stimulus package and a promising trial for a potential Covid vaccine emerged.

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