Flood of U.S. oil to Asia comforts tanker market trashed by OPEC

*Vessels sailing thousands of miles for deliveries to Asia *China importing record volumes, with more cargoes en route 07 April 2017, London — OPEC all but trashed the tanker market with its output cuts. That the damage hasn’t been even worse is thanks in large part to a flood of U.S. crude exports, particularly to […] More »