ShippingWatch

Tanker equities rise after historic US oil collapse

The historic implosion of US WTI crude rubs off on North Sea oil, which is down 21 percent as of Tuesday midday. This causes tanker equities and rates to rise, but it is not sustainable in the long term, says Arrow Shipbroking Head of Research Burak Cetinok.

Photo: Mark Ralston/AFP / AFP

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