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Tanker markets to gain from oil stockpiling due to price fall
Published Tue, Dec 16, 2014 · 09:50 PM
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London
THE drop in oil price will hand tanker markets an unexpected bonus next year, boosting demand for oil storage at sea while distant eastern markets also bargain-hunt fuel and need shipping.
Supertanker rates are already close to five-year highs of over US$83,000 a day - helped by…
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