- Trending: Baltic Dirty Tanker Index - 29 consecutive positive closings
- Trying to find a bearing: Baltic Clean Tanker Index - recent high was 6 months ago.
- US reduce sanctions on Venezuela. But for a number of reasons Venezuela’s oil production is down significantly.
- Then, unintended consequences. Since Venezuela was under sanctions, it was supported by “dark/grey” fleet. Take away sanctions, “dark/grey” fleet moves elsewhere (cushion poke, right?)
Still like my tanker plays - both dirty and clean
Thank you! 123456789012345677890
FWIW, this item probably fits in the tanker market mood