There are two main opposing views on the future of the oil market (glass-half-full or glass-half-empty predictions, depending on your point of view). Will prices go up or down?
Our chemical tanker, the Thun Grace, is now equipped to supply bunkers by ship-to-ship transfer. So if there is no ex-pipe supply available, we can berth alongside a vessel to deliver its fuel.
At the end of June, the last 6 months of oil production cuts came to an end. However at the recent OPEC meeting, the cuts were extended for a further 9 months. Barry Newton explains.
