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Oil Tanker Earnings Plummet Amid Outlook for Deeper OPEC+ Curbs

  • 📰 BNNBloomberg
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Earnings for oil tankers in the Middle East declined to the lowest level so far this year as the prospect of deeper OPEC+ production curbs darkened the outlook for the sector.

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US Crude Hits $85 a Barrel as OPEC+ Supply Cuts Tighten MarketUS oil futures climbed above $85 a barrel for the first time since November as supply cuts from the Organization of Petroleum Exporting Countries and its allies tighten the crude market.
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