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Weekly Tanker Time Charter Estimates, September 18 2019

Slightly more activity for the crude period market this week as sentiment begins to improve, the average rate for one year is currently estimated as $31,000/pdpr.

Clean- the period market for MRs has remained steady with fixtures ranging from six months to three years.

After a huge surge on Monday, oil prices have fallen mid-week as Saudi Arabia has said that oil output will return to normal by the end of the month, following a drone attack last week.

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