DNB: Saudi export boom confirms product tanker upturn

The export of refined oil products from Saudi Arabia is up 18 percent in 2015. A sign of a long-term structural growth in product tanker, says DNB Markets.

BY OLE ANDERSEN

Saudi Arabia's export of oil products has increased 18 percent in 2015. According to Norway's DNB Bank, this development represents yet another confirmation of the long-term growth potential faced by the product tanker sektor.

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