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Crude price hike: How does it impact the tanker market
Apr 24: How does the rise in crude prices impact the tanker market?
8Is it good or bad news when prices begin to rise.
8For tankers, the most notable impact in the short term will be higher bunker prices.
8Further down the line, higher prices could stimulate increased marginal barrels to flow into the market but at the same time potentially put downward pressure on demand.
8The future direction of the market remains finely balanced.
8Click on Reports to know more on how the tanker market is reacting prices going up. Know more on the latest tanker rates, newbuilding activity, buying and selling activities and the state of the current demolition market

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