Lates News

Guangda Securities research report indicates that the outlook for the oil transportation market in the second half of the year is influenced by two factors: weak demand for crude oil consumption and the unexpected increase in production by OPEC+. It is expected that the disturbance factors in crude oil consumption demand are relatively minor, as current demand is expected to improve marginally with the easing of trade conflicts and the improvement of the macroeconomic situation. The unexpectedly large increase in production by OPEC+ is expected to continue to boost the demand for oil transportation, and the oil transportation market is expected to recover in the second half of 2025. In the long term, with the increase in market share of non-OPEC+ countries, countries such as West Africa, Brazil, the United States, and Norway are expected to continue to increase their demand for oil transportation. Combined with concerns about geopolitical risks in the Middle East, the oil transportation pattern is expected to be reshaped, and the increase in transportation distance is expected to further expand the demand for oil transportation, providing a solid foundation for long-term prosperity in the oil transportation industry.