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Oil prices went haywire today, plummeting far below the lowest prices on record , and actually ending at negative levels. By close of trading Monday, the futures contract price for WTI crude to be delivered in May was negative $18.15 per barrel. And yet, oil tanker stocks soared. By the...
Avalon GloboCare (NASDAQ: AVCO ) +44% on advancing immunotherapeutic program towards combatting cytokine storm associated with COVID-19 lung damage and mortality. More news on: Avalon GloboCare Corp., Eros International Plc, VBI Vaccines Inc., Stocks on the move, , Read more ....
It's hard to not get excited when you hear Lloyd's reporting that a tanker was put on charter for a record amount of more than $410,000 per day. Combine that with news reports of route rates at the highest they have been in most trader's lifetimes, and one might think that the seaborne tan...
In this article, I want to look at some hedges that could be put in place to protect against a potential second leg down in this bear market. I hesitate to even write this as the move up off the post-COVID-19 lows has been quite impressive, while even dragging some laggards such as precious me...
There has never been a better time to own a very large crude carrier (VLCC) vessel than the recent past. The Saudis and the Russians have been dumping enormous amounts of crude into a global market that is beset by the coronavirus pandemic. Much of this oil is finding its way into VLCC vessels...
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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...
March 2020 is surely a month to remember, not just for a week, a month or a year but forever. Markets were tanking and flying on almost a daily basis as sickening news about the spreading disease and rising number of deaths in Europe and the U.S. were partially offset by hopeful statements fro...
Please find attached letter to Shareholders from the Co-CEOs. Attachment Letter to Shareholders from the Co-CEOs
HAMILTON, BERMUDA, April 1, 2020 – DHT Holdings, Inc. (NYSE: DHT) (the "Company") announces time charters for six of its VLCCs. DHT has entered into time charter contracts for six of its VLCCs. All six ships have contracts with firm periods of 12 months at an average fixed...
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2024-07-10 21:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
HAMILTON, BERMUDA, June 13, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT”) announces the results of its 2024 Annual Meeting of Shareholders (the “Annual Meeting”) held on Wednesday, June 12, 2024. Shareholders holding an aggregate of 111,155,645 common shares ...