Tankers: VLCCs on the Rebound

Clean The Middle East Gulf has seen a mixture of behavior this week. LR2 demand has been minimal and TC1 lost 6.25 points to WS185.94 with a trip west on TC20 dropping below the $4,000,000 mark for the second time in three weeks. Comparatively, the LR1s have had just enough enquiry to keep them stable. …

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