Tanker markets lift off as crude price plummets
Freight futures and physical trading reinforces market expectations that falling crude prices will translate to improved tanker demand and higher rates, alongside any recovery in the global economy from the coronavirus outbreak
Both physical and paper crude tanker rates for routes to Asia jumped on Monday as the plunge in crude prices raised expectations that demand from Chinese refineries will be boosted and also lead to increased floating storage
Already Registered?
Sign in to continue reading.
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo