Record Gas-Tanker Glut to U.S. Seen Continuing as Demand Slows
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The surplus of tankers available to haul European gasoline across the Atlantic Ocean is set to remain at the highest in at least a year as U.S. demand slows, a Bloomberg News survey showed.
As many as 63 Medium Range vessels may be available for the voyage over the coming two weeks to July 18, the median estimate of six shipbrokers, traders and owners who specialize in transporting gasoline showed today.