Ras Tanura Oil-Tanker Capacity Seen Falling 13% in Latest Week
This article is for subscribers only.
The combined carrying capacity of oil tankers calling at Saudi Arabia’s Ras Tanura fell 13 percent in the week ended April 20, vessel-tracking data compiled by Bloomberg show.
The implied capacity of vessels calling at the world’s largest crude-export complex slid to the equivalent of 7.66 million barrels a day from 8.80 million barrels for the prior week, according to signals gathered by IHS Fairplay, a Redhill, England-based maritime research company. The data may be incomplete because not all transmissions are captured.