• 21 November 2025
  • Market: Crude

Mideast Gulf VLCC rates have surged and fallen throughout the second half of the year. This podcast goes over recent changes to the market, including India's recent shift away from Russian crude oil toward a Mideast Gulf supply and the resulting rally of tanker demand. 

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Topics discussed

  • Opec production target increases
  • India's shift away from Russian crude
  • Market outlook for the next quarter