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Weekly Tanker Time Charter Estimates, May 29 2019

Period rated for crude have been firm this week, with substantial premiums being paid over the spot market.

This week the focus in the clean period market has once again been on the MRs with a number of short period fixtures reported this week varying from six months to one year.

Oil prices have been under pressure as the US-China trade war escalates with prices falling below $59/barrel.

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