Platts - tanker storage rates surge "unlikely to continue beyond Q2"

Apr 08 2020


Oil analysts Platts say that the boom in tanker rates due to tankers used for oil storage "is not expected to continue beyond Q2".

"The outlook is bullish for the short term for all tankers, but one needs to be cautious for the medium term," Oslo analyst Ole-Rikard Hammer of Arctic Securities is quoted as saying.


 

Platts article


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