VOL. XLVI

No 2

13-January-2003

SUPPLY/DEMAND

Tanker Rates Rising Because Of Venezuela Stoppage, Says Poten

Tanker charter rates have strengthened and are expected to remain firm in the near future as US refiners scramble to find an alternative for their regular Venezuelan crude oil supplies, according to Poten and Partners, New York. In the 20 December 2002 report Everythings Going Up! Poten says that following the beginning of the Venezuelan oil workers strike in December, US refiners have...