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Euronav’s Prospects Lifted by Floating Storage Demand

By Jonathan Saul and Charles Regnier LONDON, May 7 (Reuters) – Leading tanker operator Euronav posted record high first-quarter results on Thursday and expects strong demand for oil storage at sea to continue in 2020, driving its shares up 8.5%. The world is still struggling with an oil glut due to a drop in demand caused by […]

WP_Post Object ( [ID] => 224719 [post_author] => 4 [post_date] => 2020-05-07 14:28:10 [post_date_gmt] => 2020-05-07 14:28:10 [post_content] => euronavBy Jonathan Saul and Charles Regnier LONDON, May 7 (Reuters) – Leading tanker operator Euronav posted record high first-quarter results on Thursday and expects strong demand for oil storage at sea to continue in 2020, driving its shares up 8.5%. The world is still struggling with an oil glut due to a drop in demand caused by […] [post_title] => Euronav’s Prospects Lifted by Floating Storage Demand [post_excerpt] => By Jonathan Saul and Charles Regnier LONDON, May 7 (Reuters) – Leading tanker operator Euronav posted record high first-quarter results on Thursday and expects strong demand for oil storage at sea to continue in 2020, driving its shares up 8.5%. ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => euronavs-prospects-lifted-by-floating-storage-demand [to_ping] => [pinged] => [post_modified] => 2020-05-07 14:28:10 [post_modified_gmt] => 2020-05-07 14:28:10 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=139903 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )