Tanker market report 14 April 2023

It has been approximately five months since the imposition of the G7 price cap on Russian crude exports. The G7 has since agreed to keep the price cap at $60/bbl instead of lowering it further as some had called for. This comes as crude prices across the board are rising, with most mainstream grades trading above $80/bbl.

The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

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