WebApr 8, 2024 · Daily rates for smaller oil tankers have started to recover after OPEC+ and Saudi Arabia announced they would gradually add around 2 million barrels per day (bpd) of crude production on the market ... WebJan 18, 2024 · “Oil demand is still 4-6 million bpd below pre-pandemic levels and analysts don’t expect global oil demand to return to 2024 levels until sometime in 2024. We expected oil demand growth to be...
What Is The Cost Of Shipping Oil By Tanker - Cost Finder
WebThe latest news on the tanker sector, crude, product and chemical tankers, LNG and LPG carriers, freight rates and fleet developments. Tanker Shipping News Seatrade Maritime Informa WebAug 10, 2024 · Rates for mid-sized oil tankers sailing from the U.S. Gulf of Mexico to Europe hit the $57,000-per-day level this week, a figure representing a 12X increase since January and a two-year... shapes ks2 worksheets
Oil Tanker Day Rates To Be Supported By The EU’s Ban On ... - Yahoo
WebThese rates stand against break-even costs of USD 28,000 per day. We expect strong cash-flow generation for tanker companies over the coming six to nine months, and, with it, a rapid value build, even without appreciation of the value of their fleets. In our opinion, this development is not yet fully priced into tanker company valuations. WebMay 6, 2024 · Rates for pre-2015-built LR2 product tankers (with capacity of 80,000-119,000 deadweight tons) had collapsed to $5,600 per day, down 75% month on month. Yet there has been no wave of distress tanker sales or bankruptcies, as seen in past slumps. WebLR2 Tanker Spot Rates-10,000 20,000 30,000 40,000 50,000 60,000 70,000 Q1 Q2 Q3 Q4 Day Source: 90% of Clarksons (LR2 Global Average) Last Updated: January 31, 2024 … shapes learning chart