Oil demand supports crude tanker rates despite OPEC+ cuts: Euronav

Crude tanker markets remain supported by resilient, unseasonal oil demand growth despite downward pressure from the supply cuts by OPEC and its coalition partners, Euronav said Aug. 3 while posting stronger second-quarter results. The Belgian tanker operator, which has a fleet of nearly 70 VLCCs and Suezmaxes, said crude shipments haven’t shown seasonal dips during Q2 and Q3 as oil…