Weekly Tanker Time Charter Estimates, June 02 2021

Growing sentiment that the crude market will recover has yet to filter through to the crude market as rates remained flat with very little activity reported.

The clean market has also been quiet and although interest remains and many are willing to sit tight until the timing is right.

Oil prices have surged this week to the highest levels in two years, thanks to dwindling supply and growing optimism that demand will improve.