Clarksons Research believes tanker market conditions remain strong even as VLCC spot rates struggle.

On Thursday, Clarksons’ VLCC fleet weighted average read $33,600 per day, flat day over day and up 2.5% from last week, but down more than 38% from last month.

However, the shipbroker’s research division said the outlook “appears positive” across all tanker classes, despite Opec+ extending oil production cuts until the end of the third quarter.