Oil tanker freight rates fall ahead of OPEC+ meeting

Supertanker freight rates have fallen after last week's highs as industry participants await the outcome of a meeting of oil producers on Thursday before making further bookings, industry sources said.Freight rates could drop further if the Organization of the Petroleum Exporting Countries, Russia and other producers decide to cut output sharply, reducing transport and storage demand for oil, they said."From a freight standpoint, therefore, we would expect an immediate scale down of Saudi seabor