More good news for VLCCs but payoff remains hypothetical
- Opec+ to add 547,000 bpd in September and is considering a 1.6m bpd increase thereafter, boosting 4Q25 VLCC sentiment
- Indian government issues defiant response after Trump demands that India stop buying Russian crude
- Shares of US-listed VLCC owners rose 2%-4% on Monday
Optimistic shareholders of publicly traded VLCC owners are looking beyond weak summertime rates and focusing on increasingly positive catalysts for 4Q25
