Tanker

Euronav CEO awaits normalization of global oil markets after tough months

The global oil consumption needs to be normalized in order for a notable improvement to emerge for tanker operators, says Euronav CEO Hugo de Stoop. The fourth quarter brought one of the most challenging markets in modern times and a big deficit.
Photo: PR / Euronav
Photo: PR / Euronav
by SØREN PICO

2020 brought ups and downs for Belgian Euronav, which most recently saw one of the toughest tanker markets in modern times in the fourth quarter, and this has continued into the new year.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs