Shipping - Oil & Gas Tankers, Dry cargo, LNG Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Shipping - Oil & Gas Tankers, Dry cargo, LNG

TRMD 34.05

+1.1%

Sep 13 9:30 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Julius Wong	2/1/2024 6:19:54 PM
	Read Replies (1) of 2561

Shipping, oil stocks turn lower after Israel said to agree to ceasefire deal in Gaza Feb. 01, 2024 1:30 PM ET By: Carl Surran, SA News Editor 60 Comments HeliRy Shipping company stocks turn sharply lower following unconfirmed reports Thursday that Israel and Hamas are near agreement on a ceasefire proposal. Qatar's Foreign Ministry said Israel had agreed to the ceasefire proposal while Hamas gave an "initial positive confirmation," The Jerusalem Post reported. Among shipping and tanker names: Zim Integrated ( ZIM) -15.1%, Scorpio Tankers ( STNG) -6.4%, Tsakos Energy Navigation ( TRP) -5.1%, Frontline ( FRO) -4.9%, Nordic American Tankers ( NAT) -4.5%, Danaos ( DAC) -3.2%, International Seaways ( INSW) -3.1%, Teekay ( TK) -2.9%, Eagle Bulk Shipping ( EGLE) -2.6%, Star Bulk Carriers ( SBLK) -2%. Crude oil futures flipped lower on the reports, with March WTI crude ( CL1:COM) -1.5% to $74.70/bbl and March Brent crude ( CO1:COM) -1.6% to $79.23/bbl. The oil benchmarks had gained more than 1% earlier as the market digested comments by Federal Reserve Chairman Jerome Powell that interest rate cuts were unlikely to happen in March.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next