Oil Tankers See Strongest Market in Decades on Thirst for Fuels

Aug 08 2022


Fuel tanker earnings above $40,000 a day for last 14 weeks. Demand for tankers increases amid stronger appetite for fuels

Tankers hauling everything from diesel to gasoline are experiencing a period of strength not seen in at least 25 years, buoyed by robust demand for fuels and stretched sailing distances after Russia’s invasion of Ukraine.

 

>> Bloomberg <<


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