Bloomberg News

Oil-Tanker Demand Climbs in Persian Gulf, Marex Spectron Says

December 12, 2011

Dec. 9 (Bloomberg) -- Demand for oil tankers to load 2 million-barrel cargoes of crude at Persian Gulf ports is accelerating, said Marex Spectron Group.

Oil companies and traders booked nine vessels yesterday, the commodity-derivatives broker’s Singapore-based freight unit said by e-mail today. Bookings averaged about 122 a month in the year to November, its data show.

--Editors: Dan Weeks, John Deane.

To contact the reporter on this story: Alaric Nightingale in London at anightingal1@bloomberg.net

To contact the editor responsible for this story: Stuart Wallace at swallace6@bloomberg.net


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