TradeWinds News: Geopolitics set to determine VLCC medium-term prospects, says Poten

June 27, 2022

Geopolitics and China’s renewed battle with Covid will continue to provide uncertainty for the VLCC market over the short to medium term, says a top US broker.

Poten & Partners says the oil markets “seem to be conspiring against the VLCCs”, traditionally the bellwether of the tanker market, in recent years. </p.

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