The Drewry Crude Tanker Index has been trending upwards since the beginning of 2024 and gained 6.3% YTD (as of 24 April 2024) on the back of firm spot rates amid the ongoing crisis in the Middle East. Meanwhile the S&P 500 also inched up by 6.3%. The Drewry Product Tanker Equity Index surged 14.7% …