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Tankers and Gas Europe

Opec output cuts send VLCC rates to seven-year low

  • Analysis

VERY large crude carrier rates have hit a seven-year low, as demand for tankers is depressed by oil production cuts from the Organisation of Petroleum Exporting Countries, writes Martyn Wingrove.

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Tankers and Gas Europe
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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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