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Weekly Tanker Time Charter Estimates, September 25 2019

Supported by strength in the spot market, TC and rates have remained firm although the crude period market has been quiet with just a few fixtures coming to light.

A number of period fixtures reported this week on the clean side with some interest in LR1s, but the focus remains on MRs with interest in the 3-year mark.

Oil prices fell early this week as US President Donald Trump indicated that US-China trade tensions are far from settled.

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