Well they haven't yet said the "C" word [cut] but when you see the Gulf countries (primarily Saudi Arabia) borrowing Billion$ to fill the gap in lost oil revenue to pay for their social welfare programs you can expect to see a cut in production at an oil patch near you soon.
As far as the ship/tanker business goes I don't see a bright future on the horizon. Can it be a good short term trade? Sure. But you'd have to consider the big picture and how things could look 6 months from now. The USA is, and has been for a century, the #1 consumer of oil energy. There was only one way to import that oil - ships. However fracking has changed everything and the US no longer needs to import that oil. When you're in the global shipping business and the #1 customer doesn't require your services, or has drastically reduced the demand, that can't be a good thing.
At some point the cheapest "storage" is to leave it in the ground until demand changes.
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