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home / news releases / EURN - Euronav: A Risky Stock To Own

EURN - Euronav: A Risky Stock To Own

Euronav NV
  • VLCC tanker rates have been negative on average for 2021.
  • EURN is expected to post losses until 4Q21 and for the year as a whole.
  • EURN's stock performance has been negative for the past year and for the past 10 years.
  • The removal of sanctions on Iran may present a further headwind for tanker rates.
  • The long-term outlook for oil consumption is for lower use, reducing the demand for tankers.

For further details see:

Euronav: A Risky Stock To Own
Stock Information
Company Name: Euronav NV
Stock Symbol: EURN
Market: NYSE
Website: euronav.com
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