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Tanker owners look to Opec’s ‘exciting’ next meeting for volumes boost

TradeWinds · last updated

Tanker owners are looking to the Opec+ alliance in the hope that it will continue to boost crude volumes at its next meeting despite the potential overhang caused by slumping oil prices.

There are reports that more production increases are under consideration, and tanker executives hope that cuts made by the group since 2022 could be unwound by October or November.

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