The US is set for another Strategic Petroleum Reserve (SPR) release, but it may not supercharge tanker markets the way the releases did last year.

VLCC rates climb as activity picks up and ships go hunting for business
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Fearnleys Securities said the 26m additional barrels set to enter the market between 1 April and 30 June this year would be a positive for shipping, as it was late last year when the US released more than 190m barrels.