Teekay Tankers sees earnings slide

The OPEC deal to reduce oil output along with refinery maintenance and towering fleet growth resulted in lower earnings at Teekay Tankers. The Bermuda-based carrier expects a challenging 2017.
Photo: Teekay
Photo: Teekay

Tanker carriers have in recent weeks published first quarter results characterized by the fact that the oil price has increased alongside a growing fleet.

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