Tanker Market: Brazil Crude Oil Exports a New Factor?

Crude oil exports from Brazil are fast becoming a significant factor in the tanker market. In its latest weekly report, shipbroker Banchero Costa said that “after a modest upturn in 2024, when global crude oil loadings increased by +0.8% y-o-y, things got quieter in 2025. In Jan-Sep 2025, global crude oil loadings increased by +0.6% …

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