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Tankers and Gas Political Risk and Trade Geopolitics

Tanker rates climb as winter demand and geopolitical tensions fuel market optimism

  • Crude tanker rates have rallied sharply over the past week, buoyed by Opec+ production increases and tightening EU sanctions
  • Clean tanker rates expected to rise further as Europe leans on Indian and Asian fuel, amid refinery outages and looming sanctions
  • Shipbrokers are optimistic that rates will stay buoyed in the fourth quarter

  • News

New EU sanctions, refinery turnarounds and Opec+’s production hike set to buoy tanker rates

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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