Scorpio Tankers Poss IH&S 9x
By:TradingView
Bullish case as war seems to increase the cost of shipping and these tanker companies will can increase the rental prices to silly levels
Why Tanker Stocks Move Suddenly
Tanker markets can change very quickly due to:
wars or geopolitical tensions
canal disruptions (Suez, Panama)
sanctions affecting oil trade
seasonal fuel demand
These events can make shipping routes longer, which increases tanker demand.
Why Tanker Stocks Move Suddenly
Tanker markets can change very quickly due to:
wars or geopolitical tensions
canal disruptions (Suez, Panama)
sanctions affecting oil trade
seasonal fuel demand
These events can make shipping routes longer, which increases tanker demand.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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