FRO News and Press, Frontline Ltd. From 04/08/20

Supertanker freight rates have fallen after last week's highs as industry participants await the outcome of this week's OPEC+ meeting before making further bookings, Reuters reports. More news on: Frontline Ltd., Euronav NV, International Seaways, Inc., Energy stocks news, Read more...

Cellect Biotechnology (NASDAQ: APOP )  -12%  after recruitment of patients halted and delay in clinical trails due to COVID-19. More news on: Cellect Biotechnology Ltd., Immunomedics, Inc., Frontline Ltd., Stocks on the move, , Read more ...

The broader market has eased off some of its earlier gains but the oil and gas sector ( XLE +8.1% ) stays strong, as May WTI crude closes +24.7% to $25.32/bbl for its largest single-day percentage gain in history and Brent crude climbed +17.8% to $29.14/bbl ( CL1:COM ). More news o...

Luckin Coffee (NASDAQ: LK )  -84%  on fraud finding . More news on: Luckin Coffee Inc., Golar LNG Partners LP, Safe-T Group Ltd, Stocks on the move, , Read more ...

Shipping Markets: Unique Opportunities vs. Volatility With COVID-19 shutting down the majority of the global economy, investing in shipping is not a natural instinct. However, as I've learned from over a decade of covering this sector, knee-jerk viewpoints are rarely correct. Moreso than ...

Oil tanker rates keep climbing, with benchmark Middle East-to-China rates rising another 2.8% overnight to WS 212.71, equating to daily earnings of $241K, according to Baltic Exchange data. More news on: Frontline Ltd., Euronav NV, International Seaways, Inc., Energy stocks news, Read ...

Amarin (NASDAQ: AMRN )  -68%  after court decision on Vascepa. More news on: Amarin Corporation plc, Delphi Technologies PLC, SuperCom Ltd., Stocks on the move, , Read more ...

Supertanker freight rates are on the rise again as producers, refiners and traders scramble to secure ships for transport or storage amid an increasing global glut of oil. More news on: Euronav NV, Frontline Ltd., Nordic American Tankers Limited, Energy stocks news, Read more ...

Oil traders have chartered at least five supertankers in the past day with options to store oil at sea, as global stocks rise after the U.S. decided not to purchase oil for its emergency reserve, Reuters reports. More news on: Frontline Ltd., International Seaways, Inc., Nordic American ...

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...