Teekay Tankers predicts challenging months ahead
Imbalance between tanker supply and demand could offset a potential rise in spot rates this winter, Teekay Tankers predicts. The company cut debt and bought two aframax vessels with cash in the third quarter
Teekay Tankers expects challenging months ahead. Rising Libyan crude oil production may help mid-size tankers, but a resurgence of coronavirus and potential for more lockdowns during winter are cause for caution
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