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crudeoil24

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Re: lukin4winners post# 552618

Thursday, 06/09/2022 10:57:09 AM

Thursday, June 09, 2022 10:57:09 AM

Post# of 648993
IMPP > The shipping rates for these tankers are based on WTI / Brent . The higher the petroleum markets, the higher the rates. IMPP revenues / gross profits are directly related to the price of oil. Also these ships can use 20,000 gallons of diesel fuel per hour while transporting their loads.
Profit margins are increasing . CEO stated IMPP rates are recently up 500% - 700%.
The company is growing by adding 2 more fully paid for tankers to the fleet. The new vessels go online in service in 10 days.

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