Tankers: oil supply boost expected to provide support to the market.

Oil supply is expected to increase considerably during the course of 2022, providing tankers with a much needed support. In its latest weekly report, shipbroker Gibson said that "the decision by OPEC+ to raise output by another 400kbd in March came as little surprise to the oil market, which had largely priced in further modest output increases from the group. It took ministers just 16 minutes to sign off on the 400kbd uplift, yet even with this, the fact remains that the wider OPEC+ group...