ShippingWatch

OPEC deal could boost tanker carriers

An agreement at next week's OPEC meeting would likely increase speculative oil trading. In the short term this could boost the product tanker market which is otherwise crippled by overcapacity and filled stockpiles, Hafnia Tankers CEO Mikael Skov tells ShippingWatch.

Tanker carriers will likely be paying extra attention when OPEC meets next week in the Austrian capital Vienna.

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