TradeWinds: ‘Next leg of support’: China set to provide fresh boost to hot tanker market

August 10, 2026   As China looks to buy, US reserves are at lows not seen since 1983 after four months of reserve releases, Poten & Partners research head Erik Broekhuizen said.   From 20 March to 9 July, the US averaged 5.9m bpd, up from a 4.2m bpd average in the first half.   Broekhuizen added that the US structured the releases as an exchange, meaning recipients have to pay back 1.2 barrels for every barrel borrowed during a period running from November 2026 to 2029.   Read the full article, click here.