US EditionJefferies Looks at How OPEC+ Output Hikes Could Impact the Tanker Shipping Sector – Oil & Gas 360
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Jefferies looks at how OPEC+ output hikes could impact the tanker shipping sector – Oil & Gas 360
(Investing) – OPEC+ has been unwinding its voluntary production cuts at a faster rate than it had previously outlined, although this has yet to translate into a noticeable change in volumes on very large crude carriers, according to analysts at Jefferies. Since April, the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, has either made or announced output upticks totalling some 1.37 million barrels per day
·Denver, United States
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