Buoyant VLCC rates have been forced down over the last 24 hours as charterers tried to slow the pace of fixing.
And Russia added to uncertainty in the sector on Friday, by announcing a 500,000 barrel-per-day (bpd) crude output reduction for March as a reaction to the Western oil price cap.
Clarksons Securities noted that big tankers have seen positive growth over the last week, putting on 20% to reach $46,600 per day for eco ships.
