Product tanker soars on big slide in US gasoline reserves

A massive slide in US oil product stockpiles has in recent weeks sent product tanker rates skyward across most of the key trade routes. While this is good news for the product tanker carriers right now, following a weak 2016, Deutsche Bank displays growing confidence in a more sustainable recovery and a significant share upside for investors in several carriers for the next 12 months.
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Hafnia Tankers made a profit in challenging market
For subscribers
Tanker rates need to improve before Torm launches IPO
For subscribers
Italian tanker carrier books full-year deficit for 2016
For subscribers