Tanker market report 13 October 2023

Over the weekend, the world woke up to the extremely disturbing news coming out of Israel, with the conflict escalating rapidly as days went by. Oil prices initially gained on the news but retreated later in the week on the realisation that neither Israel, nor its direct neighbours (except Egypt) have any meaningful crude production.

The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

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