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Home Icon > About Us > News > Tanker Rates Crash as OPEC+ Cuts Near. Tanker Owners Reman Bullish

Tanker Rates Crash as OPEC+ Cuts Near. Tanker Owners Reman Bullish

By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From today, crude producers in the OPEC+ alliance are cutting their collective output by a level that’s unprecedented in history — almost 10% of global consumption. Normally, such huge curbs would have destroyed […]

WP_Post Object ( [ID] => 224586 [post_author] => 21 [post_date] => 2020-05-01 15:49:02 [post_date_gmt] => 2020-05-01 15:49:02 [post_content] => oil tankerBy Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From today, crude producers in the OPEC+ alliance are cutting their collective output by a level that’s unprecedented in history — almost 10% of global consumption. Normally, such huge curbs would have destroyed […] [post_title] => Tanker Rates Crash as OPEC+ Cuts Near. Tanker Owners Reman Bullish [post_excerpt] => By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From today, crude producers in the OPEC+ alliance are cutting their collective output by a level tha... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => tanker-rates-crash-as-opec-cuts-near-tanker-owners-reman-bullish [to_ping] => [pinged] => [post_modified] => 2020-05-01 15:49:02 [post_modified_gmt] => 2020-05-01 15:49:02 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=139818 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )