Medium-range (MR) products tanker spot rates in the Atlantic market have fallen to their lowest level since August 2014.
Average earnings on the triangular trade between the US Gulf, Europe and the US Atlantic Coast have dropped by 12.4% this week alone, bringing them to nearly $9,190 per day.
The 21-month low comes amid labour strife in France, part of a key leg in the Atlantic market stool.
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