Tanker markets are sailing into choppy waters in the coming months, with the pace of post-pandemic oil demand recovery the central focus of market participants.
For much of the second quarter, charter rates of crude and product tankers were boosted by a record level of floating storage amid a coronavirus-triggered collapse in oil demand.
But most analysts agree that fortunes are starting to change, with oil consumption slowly recovering as major economies relax their lockdown measures in phases.
