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Scorpio Tankers lost USD 234m in 2021

Scorpio Tankers’ bottom line shows a big deficit for 2021, in which low oil demand kept rates low. Several factors point to an impending upswing, though rates remain weak into 2022.

Photo: PR/Scorpio Tankers

by DANIEL LOGAN

Like its competitors, major tanker carrier Scorpio Tankers comes out of 2021 with a large deficit.

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