OPEC+ plans to boost production As highlighted in last week's update, OPEC+ has announced its plan to lift the production cuts of 2.2 mbpd that were implemented in November 2023 to stabilize oil prices. Starting in April, production will increase by…
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An overview on key market developments
An overview on key market developments
Egypt signs €7b green hydrogen deal
Tanker market strengthens overall
Successfully Delivery of EMF’s 7th Aframax tanker, Oslo Star
Geopolitical shifts boost tanker demand
OPEC+ increases its oil production
VLGC market trending upward this week
Automobile market shows positive momentum
China’s ammonia strategy boosts VLAC demand
New tanker sanctions tighten worldwide supply