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Surprise, surprise: tanker owners take another punch from Opec+

Market woes to worsen in near term as major producers only agree to a small hike in April

4 March 2021 18:51 GMT Updated 5 March 2021 15:22 GMT

By Max Tingyao Lin

and Gary Dixon

in London

Opec and its Russia-led allies have dealt tanker owners a surprising blow by only planning a small increase in crude output next month.

Tankers

Surprise, surprise: tanker owners take another punch from Opec+