Why are tanker stocks down

4 Feb 2020 VesselsValue comments on the market for tankers in the recent past, and demand constriction have combined to bring down Tanker rates. 13 Jun 2019 Oil tankers targeted in the Sea of Oman close to Iran. Iranian officials call the Middle Eastern stock markets also fell, with the Saudi exchange shedding 1.5%, and Oman and Dubai both down over 1%. Here's our latest news 19 Jun 2019 Overall, crude oil prices are down more than $10 in the last two months, during the time when the attacks have taken place. Supply concern vs. 12 Jun 2019 Oil surges on tanker attacks; stocks rise on Fed rate cut expectations while sterling was last trading at $1.2675, down 0.09% on the day. 12 Oct 2015 The unique situation in the markets at present provides great and can actually move up when much of the rest of the energy market is moving down. Like pipeline companies, tanker stocks do not profit on the price of oil so

6 Mar 2020 Crude oil prices have been sent into a sharp downward tailspin since the start of the year, being extensively weighed down by the sharp

Latest news and trends in the global crude, products and chemical tanker markets SSY closes for 14 days in Bergen after cleaner comes down with virus. Oil outfits see a huge surge in tanker rates as fleet utilization approaches 100 its new permanent CEO after Martin Ackermann opted to step down at the end of The sliding oil price could pull more product tanker vessels out of the market to

27 Jan 2020 Tanker at sea, looking back down the deck Uncertainty over future regulations and technology could weigh on ordering but the tanker market is

2 Feb 2020 Seasonality– In the fourth quarter of 2019, tanker stocks picked up a it all comes down to valuations—am I buying a cyclical market early in The Company's vessels are typically employed through a mix of short- or medium -term fixed-rate time charter contracts and spot tanker market trading. Address. Teekay is the largest operator of mid-sized tankers including suezmax, aframax, and long We provide our customers the best service in the market transfer services from turnkey full service lighterage down to fender and hose rentals.

12 Dec 2019 Freight rates for the world's biggest tankers shot up in September on a series of near the highest levels in a decade even after ticking down in the fall. Tighter capacity in shipping markets and longer sailings as fuel-buying

I warned readers to avoid the sector like the plague back in 2016 with this story in this article previously: "3 Charts Explain Why I DON'T Own Oil Tanker Stocks." Why tanker stocks are climbing Despite the lack of fireworks in commodity markets, the price for tankers has been going through the roof. Select tanker stocks could provide returns of 100%-200% or even more… if they manage to stay alive, that is. The dirty carriers in particular - which transport crude oil as opposed to clean ref

30 Jan 2020 And yet, Euronav's share price was down 4% in the double the average trading volume on the day its results were announced (in mid-day trading,

12 Jun 2019 Oil surges on tanker attacks; stocks rise on Fed rate cut expectations while sterling was last trading at $1.2675, down 0.09% on the day. 12 Oct 2015 The unique situation in the markets at present provides great and can actually move up when much of the rest of the energy market is moving down. Like pipeline companies, tanker stocks do not profit on the price of oil so [157 Pages Report] Chemical Tankers Market by Product Type (Organic Chemicals Top-down approach has been used to estimate and validate the size of the 27 Oct 2016 an indicator for the overall dirty tanker market, are down 23% from January. Rates for smaller average freight rate assessment (AFRA)-size 28 Feb 2018 “It will take some time until the crude oil tanker market has sufficiently has pushed down the freight rates, negatively impacting the market. 25 Oct 2015 The 11 larger vessels are currently dedicated to the Alaska trade– moving Alaska North Slope (ANS) crude oil from the Port of Valdez, AK down