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Weekly Tanker Time Charter Estimates, May 22 2019

Limited activity in the crude period market this week, there has been some interest long-term period fixtures for the aframax sector.

In the clean market the focus has been on MR period fixtures of one year, the average one-year rate for this size vessel is $14,250/pdpr.

Oil prices rose to a three-week high this week after Saudi Arabia said OPEC still plans to decrease its inventories of crude oil.

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