Murky Waters

June 17, 2022

Oil Market Outlook for 2023

This week, the International Energy Agency (IEA) published its June Oil Market Report.  The June edition is traditionally the first time they provide their view on the next year.  The US Energy Information Administration (EIA) has produced a monthly outlook for 2023 since the beginning of the year in their Short Term Energy Outlook.  This week we will look at both of these oil market outlooks and try to figure out what they would mean for the tanker market.

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