As you have surely noticed, tanker stocks are getting cheaper at a time when typical seasonality usually leads to both spot rates and stock prices going higher.
This is making market participants anxious…
There is an investment saying: “When it’s time to buy, you won’t want to.”
I am here to provide context about tanker seasonality.
To start, look at what MR spot rates have done each year, between 1 October and 31 December: