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Tankers: Oil Production Trends Pointing Towards Middle East’s Important Role for Shipping

The tanker market is expected to remain heavily reliant on Middle East crude flows for a little while longer. In its latest weekly report, shipbroker Gibson said that “with world oil demand having collapsed in the wake of the Covid-19 pandemic, major downwards pressure on oil production was always going to be inevitable. Indeed, the ...

WP_Post Object ( [ID] => 227178 [post_author] => 79 [post_date] => 2020-07-12 21:00:59 [post_date_gmt] => 2020-07-12 21:00:59 [post_content] => The tanker market is expected to remain heavily reliant on Middle East crude flows for a little while longer. In its latest weekly report, shipbroker Gibson said that “with world oil demand having collapsed in the wake of the Covid-19 pandemic, major downwards pressure on oil production was always going to be inevitable. Indeed, the ... [post_title] => Tankers: Oil Production Trends Pointing Towards Middle East’s Important Role for Shipping [post_excerpt] => The tanker market is expected to remain heavily reliant on Middle East crude flows for a little while longer. In its latest weekly report, shipbroker Gibson said that “with world oil demand having collapsed in the wake of the Covid-19 pandemic, major d... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => tankers-oil-production-trends-pointing-towards-middle-easts-important-role-for-shipping [to_ping] => [pinged] => [post_modified] => 2020-07-12 21:00:59 [post_modified_gmt] => 2020-07-12 21:00:59 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=825379 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )