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International Tankers and Gas VLCC

Opec cuts cast cloud over VLCCs rates recovery

Move to shore up oil price adds to complex and volatile energy geopolitical backdrop with EU price cap on Russia and US mulling export ban on refined products

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The largest tankers ship about 40% of the world’s seaborne crude, but 70% of all exports from the Middle East Gulf where most reductions are expected

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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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