"Oil tanker stocks are driven by supply and demand, along with geopolitical factors. Frontline (FRO) stock price is a mix of broader market trends and company specific issues. Investors are getting comfortable with energy demand is demanding and inventories are getting low," says Evercore ISI's Jon Chappell. Oil tanker stocks include Frontline (FRO), Teekay Tankers (TNK), Scorpio Tankers (STNG), and Euronav (EURN). Frontline (FRO) stock price hit a 52-week high on May 27th. How will the E.U. setting to ban imports of Russian crude oil impact the energy market?
31 May 2022
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