Euronav’s Prospects Lifted by Floating Storage Demand

Capt. John

By Jonathan Saul and Charles Regnier LONDON, May 7 (Reuters) – Leading tanker operator Euronav posted record high first-quarter results on Thursday and expects strong demand for oil storage at sea to continue in 2020, driving its shares up 8.5%. The world is still struggling with an oil glut due to...

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