A strong outlook for oil demand is supporting stable utilization rates for tankers
The tanker market is set to benefit from strengthening oil fundamentals. OPEC+ has recently agreed to increase crude output, while forecasts indicate a rebound in demand for the second half of the year, driven by a drawdown in global inventories.
This week, OPEC+ raised its demand growth forecast for 2026 to 1.38 million barrels per day, up from the previous estimate of 1.28 million.
Busy and profitable months lie ahead for the sector
Rising production volumes are expected to boost crude oil trade flows, strengthening demand for large tankers and enhancing the earnings potential across the segment. Projections indicate that tanker utilization rates should remain steady to firm in the coming months, as increased supply translates into higher seaborne shipments.
Sources : Clarkson’s Research, OPEP, TradeWinds, Wall Street Journal