Tankers: VLCCs on Correction Mode

Clean In the Middle East Gulf this week the LR2s have been subject to supply outstripping demand. TC1 has dropped 6.13 points to WS233.25. TC20, after peaking at $4.75m midweek has dropped back to $4.69m at the time of writing. The LR1s have been a bit better balanced than the LR2s this week. TC5 bottomed …

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