Wall Street’s increasingly divided outlook for the tanker supercycle has taken another twist, with investment bank Evercore ISI dramatically raising its freight forecasts and share price targets while warning that the industry’s extraordinary earnings could be approaching their peak. In research published yesterday, Jonathan Chappell of Evercore doubled his 2027 VLCC earnings forecast from $57,500 …
Marasi News · Oil & Gas
Wall Street splits over tanker boom
Wall Street’s increasingly divided outlook for the tanker supercycle has taken another twist, with investment bank Evercore ISI dramatically raising its freight forecasts and share price targets while warning that
Sam Chambers·October 27, 2026·2 min
Marasi News
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