Perfect Storm: What Falling Oil Output Means for Tankers

The video discusses the decline in frontline shares linked to West African crude production, particularly due to Nigerian outages. Despite OPEC's record production, tanker companies face financial challenges as they anticipated more crude output. The situation is exacerbated by the mismatch between expected and actual production, affecting shipping routes, especially to China. Frontline anticipates market normalization, though specific factors remain unclear.

Why are tanker operators now earning less money compared to a couple of years ago?

What expectations does Frontline have regarding the normalization of the oil shipping situation?