The oil tanker industry faces brighter prospects in the coming months with more crude set to arrive on the international markets, according to the Nordic American Tankers. In its second-quarter update, tanker operator Nordic American Tankers said that “Demand for oil is going up. OPEC is raising its output.
” “Current high oil, gas and electricity prices, even long before the winter has arrived, is a sign of an energy chain in need for more. With an abundance of spare capacity of oil in the world, we believe it is just a question…Nordic American Tankers: More Oil Is Coming To The Market
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