Scorpio Tankers: Strong profits despite declining revenue! With 99 tankers to become a star of the energy transition at sea!

Reading Time: 3 minutes
Investors are particularly focused on the interest rate decision and the long-term forecasts of FOMC members for the economy. The topic of energy is playing an increasingly important role due to the growing global population and advancements in AI. Scorpio Tankers stands out as a leader in the "Oil & Gas Midstream” sector with nearly 21% price gain in 4 weeks. How does the company earn its money? Scorpio Tankers operates a fleet of 99 tankers for oil products New charter contracts and the sale of a tanker for 42 million USD Despite...
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