Surge in COVID-19 cases may curtail the rally in crude tanker stocks

Crude tanker shipping stocks have been trending upwards from the start of February, which has led to an 18.2% YTD gain in the Drewry crude tanker index. The index comprehensively outperformed the three key US market indices – while Dow Jones Industrial Average (DJIA) and S&P 500 gained 6.6% and 4.1% respectively over the same …

The post Surge in COVID-19 cases may curtail the rally in crude tanker stocks first appeared on Hellenic Shipping News Worldwide.

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