The Weight of Freight: Mideast Gulf VLCC rate volatility
Update: 2025-11-20
Description
Mideast Gulf VLCC rates have surged and fallen throughout the second half of the year. This podcast goes over recent changes to the market, including India's recent shift away from Russian crude oil toward a Mideast Gulf supply and the resulting rally of tanker demand.
Key Points:
- Opec production target increases
- India's shift away from Russian crude
- Market outlook for the next quarter
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