Why Teekay Corporation, Teekay Tankers, Tsakos Energy, and Nordic American Tanker Stocks Are Up 10% Today
It's a new week -- and another week of disruption in the oil market. Oil prices are tumbling in Monday trading, with WTI crude prices down 28.3% by noon at $12.15 a barrel (for June delivery) and Brent down 9.5% at $19.58.
The stock prices of oil tanker transport companies, on the other hand, are surging:
What gives?
Source Fool.com
