VLCC rates hit multi-month highs as Middle East and US Gulf drive rebound

Following Atlantic strength, Middle East rates pick up as earnings hit three-month high

VLCC rates had long lagged behind suezmax and aframax earnings.
VLCC rates had long lagged behind suezmax and aframax earnings.Photo: Euronav
Published 15 February 2024, 15:45Updated 15 February 2024, 20:24
VLCCsTanker ratesOmar Nokta