Home /Shipping Market/ Weekly Tanker Time Charter Estimates, October 12 2016
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khiemnguyen
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Gender: _NEUTRAL_
Date: 14/10/2016
Weekly Tanker Time Charter Estimates, October 12 2016
#post1386

Crude markets continue to trade above the $50 threshold fuelled by speculation that Russia will join OPEC members in an effort to limit oil production.

Brent and WTI are trading at $52.7 and $50.9 respectively. Suezmax rates continue to trade around $22,500/pdpr for 1 year TC period. VLCC rates for 1 year TC are lower on the past week at around $29,000/pdpr.


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