The first key item on the agenda for oil markets was the January 4th OPEC+ meeting in which the alliance decided to maintain its planned production increase of 400,000 bpd of crude oil for February. This comes at an important junction with the simultaneous challenges of managing the energy transition and recovering oil demand in the wake of the Covid-19 pandemic.
The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
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