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Shares of Oil and Gas Companies Are Trading Higher Following Reports Suggesting the US Is Preparing Sanctions Against Russian Oil and Gas.
Scorpio Tankers Inc.'s (NYSE:STNG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
GTJA: Future oil transportation supply and demand are expected to be better than anticipated, making the risk-return ratio appealing again.
The GTJA Research Reports indicate that the rigid supply of oil tankers will continue in the coming years, and stricter sanctions are expected to further reduce effective capacity. In the second half of 2024, the oil transportation industry's prosperity is expected to decline, intensifying demand concerns. However, GTJA believes that oil transportation demand is still expected to continue to grow, traditional Energy demand remains resilient, and increased Crude Oil Product production will be Bullish for the growth of oil transportation demand.
Shares of Oil and Gas Companies Are Trading Higher After President-elect Donald Trump Said That He Will Reverse President Biden's Ban on Offshore Drilling. Also, Natural Gas Rose on Cold Weather Forecasts.
Scorpio Tankers Up Over 8%, on Pace for Largest Percent Increase Since July 2022 -- Data Talk
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