Latest Analysis /
Oil Alerts
Crude Alert - Freight rates showing signs of life as OPEC+ output set to increase & Asian demand picks up
Published: 16 December, 2020
Highlights:
- Global Crude Trade – Edging higher, with further gains expected in the New Year
- Global Crude Balances – Large deficit vs normal persisting, driven by East of Suez but spreading West
- Freight rates starting to show signs of life, as OPEC+ output set to increase and Asian demand picks up ...
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