FRO News and Press, Frontline Ltd. From 03/26/20

The oversupplied market may drive as much as 100M barrels of oil into floating storage "and probably more," International Seaways ( INSW +6.3% ) CEO Lois Zabrocky tells Bloomberg. More news on: International Seaways, Inc., Frontline Ltd., Nordic American Tankers Limited, Energy stoc...

As investors reach their point of maximum panic, new articles are published about bearish oil price scenarios daily. One of the ones that caught my eye was a discussion about potential negative oil prices . The logic was something around the terms that COVID-19 would cause a massive decline i...

Shippers say crude oil freight rates are easing off record highs as charterers balk at the nosebleed charges and await Saudi volume plans for April, Reuters reports. More news on: Frontline Ltd., Nordic American Tankers Limited, Navios Maritime Acquisition Corporation, Energy stocks news...

Sasol (NYSE: SSL ) -36% . More news on: Sasol Limited, Sibanye Stillwater Limited, Caesars Entertainment Corporation, Stocks on the move, , Read more ...

In a letter to shareholders, CEO Herbjørn Hansson noted that demand for tonnage has increased due to increased Saudi Arabia oil exports. More news on: Nordic American Tankers Limited, Frontline Ltd., DHT Holdings, Inc., Energy stocks news, Dividend News, Read more ...

Frontline Ltd. today announced that it has closed the acquisition of 10 Suezmax tankers built in 2019 under the Sale and Purchase Agreement with Trafigura Maritime Logistics a wholly owned subsidiary of Trafigura Group Pte Ltd. The Board of Directors Frontline Ltd. Hamilton, Bermuda Marc...

Image Credit: DHT Holdings, Q4-19 Presentation Background: Oil Price War Begins With the Coronavirus (COVID-19) threatening to crush near-term global oil demand, OPEC called an emergency meeting with Russia last week to negotiate additional oil cuts in an attempt to further stabilize p...

Benchmark Middle East-China tanker rates surge another 15% to WS 178.75, equating to earnings of $194,297/day, to reach a fresh YTD high, Bloomberg reports. More news on: Frontline Ltd., Nordic American Tankers Limited, Navios Maritime Acquisition Corporation, Energy stocks news, Read ...

Oil traders and Asian refiners chartered another 25 Very Large Crude Carriers in the past 48 hours with rates hitting $300K/day, Lloyd's List reports. More news on: Frontline Ltd., Nordic American Tankers Limited, Navios Maritime Acquisition Corporation, Energy stocks news, Read mo...

Euronav (NYSE: EURN) . DHT Holdings (NYSE: DHT) . Frontline Ltd (NYSE: FRO) . Scorpio Tankers (NYSE: STNG) . Nordic American Tankers (NYSE: NAT) . These are just a few of the oil tanker shipper stocks that are rebounding this morning alongside a just-as-widespread rebound in the...