Tanker players will need to wait for at least another day before they can gauge how the market will evolve in the coming months based on the Opec+ production plan.

Newswires reported Opec and its Russia-led allies were on Thursday discussing a proposal to raise crude output by 400,000 barrels per day every month between August and December.

But the 23 major producing nations known as Opec+ failed to agree on a final plan and their online meeting was adjourned to Friday.