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Tanker earnings downgraded for 2021 to half of cash breakeven levels

Oil tanker demand is seen contracting for the first time since 2015 as refinery turnarounds, slowing inventory drawdowns and countries re-entering lockdown cut shipments

  • Analysis

Resurgence of coronavirus infections arrests nascent recovery in oil demand growth that is said to have ‘profound negative impact’ on tanker earnings

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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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