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Exxon Mobil (NYSE:XOM) closed +4.6% in Tuesday's trading to easily breach $100 and reach its highest level in eight years, closing less than a dollar from its all-time closing high of $104.38 set on June 23, 2014. Exxon (XOM) enjoyed some Wall Street love from Evercore ISI, which upgraded the...
Europe has announced measures to phase out Russian oil (USO) imports in 2022; however, the impact on global supply and demand could be limited, as seaborne exports re-route to other markets. Importantly, Europe also plans to ban distillate imports (heating oil, diesel, jet fuel); a much more ...
Wall Street succumbed to lingering worries about the economy on Wednesday, with the major averages finishing solidly in negative territory. Stocks retreated early in the day but cut their losses during the afternoon. Pessimistic comments from JPMorgan's CEO contributed to the decline, with fi...
Scorpio Tankers Inc. (NYSE:STNG) traded today at a new 52-week high of $34.72. This new high was reached on approximately average trading volume as 1 million shares traded hands, while the average 30-day volume is approximately 1.4 million shares. Scorpio Tankers Inc. share prices have m...
Shares of Scorpio Tankers Inc. (NYSE:STNG) traded at a new 52-week high today of $34.06. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares. Scorpio Tankers Inc is a shipping company. It is engaged in providing the sea...
Discussing encouraging first quarter earnings report. Over the past six months, the company has more than doubled its contracted backlog with both 2022 and 2023 now reasonably well-covered. Expect Q2 and particularly Q3 numbers to show impressive profitability. Company continu...
100% technical buy signals. 12 new highs and up 42.76% in the last month. Consensus price target 31.38 with a high of 44.00. For further details see: Scorpio Tankers Has Smooth Sailing Ahead
Shares of Scorpio Tankers Inc. (NYSE:STNG) traded at a new 52-week high today of $31.32. So far today approximately 721,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares. Scorpio Tankers Inc is a shipping company. It is engaged in providing the...
NAT is bullish on spot tanker rates because of Russia's involvement in armed conflict with Ukraine, and most of its tankers are in the spot market. However, Suezmax tanker rates have dropped since their spike. Oil demand fundamentals have softened and high oil prices are dampening...
Scorpio Tankers (NYSE:STNG) repaid the outstanding principal balance of $69.7M on its convertible notes due May 16, 2022 on their maturity. Shares trading 1.1% down premarket. For further details see: Scorpio Tankers repays convertible notes due May 2022
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MONACO, July 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) (“Scorpio Tankers,” or the “Company”) announced today that on Tuesday, July 30, 2024, the Company plans to issue its second quarter 2024 earnings press release in the morning (Eastern ...
MONACO, July 15, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that it recently repurchased 756,312 of its common shares in the open market at an average price of $78.07 per share under the 2023 Securities Rep...
2024-06-24 21:06:00 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...