World Cup Countries Crude Tanker Demand

World Cup Countries Crude Tanker Demand

World Cup Countries Crude Tanker Demand

Group A in the World Cup contains the host nation Russia, and Saudi Arabia, two of the largest crude oil producing countries in the world. The chart shows the contribution each country contributes to global demand for tankers. However the games shake out Saudi Arabia is the clear winner in terms of creating seaborne ton mile demand for VLCCs, Suezmaxes, and uncoated Aframaxes. Russia, the hometown favourite, comes in at second, while Uruguay is surging forward as it remains a loading hub for offshore production. Egyptian shipments reflect volumes moving through the Suez canal and transference of barrels onto the Sumed Pipeline.

Source: VesselsValue

Farsana

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