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Tanker stocks rose sharply this week as oil prices rose and investors saw the need to move more oil around the world. Not only is solid economic data in the U.S. pushing energy markets higher, but China's rising demand could also help. According to data provided by S&P Global Market I...
Summary Value Investor's Edge Live continues with an exclusive interview focused on the crude tanker segment of the shipping industry. Lars Barstad, CEO of Frontline, joined us in January 2023 to discuss the latest trends in the tanker markets along with specific company strategy and ca...
Frontline ( NYSE: FRO ) said Tuesday an emergency arbitrator has " fully dismissed " the emergency arbitration claims filed by Euronav ( NYSE: EURN ), which had tried to suspend Frontline's pullout of their planned merger. The two tanker operators last year agreed to a $...
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Market Abuse Regulation). Frontline plc (“Frontline”) (NYSE: FRO – OSE: FRO...
Frontline ( NYSE: FRO ) said Monday that Euronav ( NYSE: EURN ) has filed an application for arbitration over the merits of Frontline's ( FRO ) decision to terminate the planned merger of the two oil tanker operators. Frontline ( FRO ) reiterates its decision t...
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Market Abuse Regulation). Frontline plc (“Frontline”) (NYSE: FRO – OSE: F...
Summary Value Investor's Edge Live returns in 2023 with an exclusive interview focused on the product tanker segment of the shipping industry. Jacob Meldgaard, CEO of Torm plc, joined us on 10 January 2023, to discuss the latest trends in the market and outlines company strategy and cap...
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Market Abuse Regulation). Frontline plc (“Frontline”) (NYSE: FRO – OSE: F...
Shares of Frontline (NYSE: FRO) had skyrocketed more than 25% by 12:45 p.m. ET on Wednesday, while Euronav 's (NYSE: EURN) stock price had plunged more than 15%. Driving the big move in the oil tanker stocks was the termination of their merger agreement. Fr...
Many investors are having a hard time navigating the stock market right now, as choppy conditions have led to a volatile start to the new year. Major market indexes gave up early gains on Monday, and Wall Street looks ready for a lower open on Tuesday morning based on stock index futures. Sev...
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2024-06-21 18:26:00 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...
2024-05-31 03:16:00 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...