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Weekly Tanker Time Charter Estimates, October 06 2021

In the crude sector we have seen some short term timecharter fixtures reported this week across all sectors as expectations of cold winter and the energy supply shortage in China has boosted sentiment somewhat.

In the clean market some short-term MR fixtures have been reported this week that are keeping the market ticking over as this sector continues to struggle from a lack of demand.

Brent hit a 3-year high and US Crude jumped up to 2014 levels his week as OPEC+ decided to stick to planned output increases rather than raising it further.

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