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Teekay Tankers predicts challenging months ahead

Imbalance between tanker supply and demand could offset a potential rise in spot rates this winter, Teekay Tankers predicts. The company cut debt and bought two aframax vessels with cash in the third quarter

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Teekay Tankers expects challenging months ahead. Rising Libyan crude oil production may help mid-size tankers, but a resurgence of coronavirus and potential for more lockdowns during winter are cause for caution

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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