Crude Oil Tanker Rate Environment News

Frontline Posts Q3 Loss as Tanker Rates Hit 4-year Low

Frontline q3 net loss $‍24.1​ million. The current crude oil tanker rate environment does not presently reflect that strong demand. Shares down 4.8 pct at 0840 GMT vs fall of 0.3 pct in Oslo's benchmark share index.