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Rally in product tanker stocks to be short-lived

Product tanker stocks have climbed in the last month (23 October to 25 November) mainly driven by a rally in the global equity markets and seasonal strengthening of product tanker freight rates. DMFR product tanker index rose 16.9% since 30 October, while S&P 500 increased 11% and Baltic clean tanker index grew 19.2% in the ...

The post Rally in product tanker stocks to be short-lived first appeared on Hellenic Shipping News Worldwide.

WP_Post Object ( [ID] => 236388 [post_author] => 78 [post_date] => 2020-12-07 22:00:57 [post_date_gmt] => 2020-12-07 22:00:57 [post_content] =>

Product tanker stocks have climbed in the last month (23 October to 25 November) mainly driven by a rally in the global equity markets and seasonal strengthening of product tanker freight rates. DMFR product tanker index rose 16.9% since 30 October, while S&P 500 increased 11% and Baltic clean tanker index grew 19.2% in the ...

The post Rally in product tanker stocks to be short-lived first appeared on Hellenic Shipping News Worldwide.

[post_title] => Rally in product tanker stocks to be short-lived [post_excerpt] => Product tanker stocks have climbed in the last month (23 October to 25 November) mainly driven by a rally in the global equity markets and seasonal strengthening of product tanker freight rates. DMFR product tanker index rose 16.9% since 30 October, wh... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => rally-in-product-tanker-stocks-to-be-short-lived [to_ping] => [pinged] => [post_modified] => 2020-12-07 22:00:57 [post_modified_gmt] => 2020-12-07 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=845016 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )