Lack of storage combined with production - that is still above world oil requirement - led to a collapse in oil price as demand dropped 30% in just a couple of months.
As WTI crude's May futures turn negative, investors may find these investing areas lucrative.
As WTI crude's May futures turn negative, investors may find these investing areas lucrative.
DHT Holdings Inc (NYSE:DHT) was the recipient of some unusual options trading on Monday. Traders acquired 7,371 call options on the company. This represents an increase of 60% compared to the average

A Deep Dive Into Crude Oil's New Black Monday

04:39am, Tuesday, 21'st Apr 2020
Crude oil's decline into deeply negative territory was triggered by the expiration of May WTI contracts. Going into Monday, there was an immense buildup of spec
Oil prices sink, and oil tanker stocks rise? What gives?

EXEL, TNK among premarket gainers

01:08pm, Monday, 20'th Apr 2020
Avalon GloboCare (NASDAQ:AVCO) +44% on advancing immunotherapeutic program towards combatting cytokine storm associated with COVID-19 lung damage and mortality.Safe-T Group Ltd (NASDAQ:SFET) +41% on
Bank of New York Mellon Corp lifted its holdings in shares of DHT Holdings Inc (NYSE:DHT) by 32.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 399,892 shares of the shipping co

Contango With Me - Tanker Breakeven Analysis

07:51pm, Friday, 17'th Apr 2020
Current contango in oil markets with futures prices much greater than spot. Tanker time charter rates have increased to near record levels. Limited storage coul
Zacks.com featured highlights include: Gibraltar Industries, CBIZ, Integer, BioSpecifics Technologies and DHT
Zacks.com featured highlights include: Gibraltar Industries, CBIZ, Integer, BioSpecifics Technologies and DHT

DHT (NYSE:DHT) Shares Up 3.3%

09:46am, Friday, 17'th Apr 2020
DHT Holdings Inc (NYSE:DHT)’s share price shot up 3.3% during trading on Wednesday . The stock traded as high as $6.99 and last traded at $7.14, 3,089,060 shares traded hands during trading. A decli
DHT (NYSE:DHT) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Friday, ValuEngine reports. A number of other equities
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher
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