The Story
News Summary
- TORM reported record Q2 earnings and raised full-year guidance as Middle East trade disruptions and Strait of Hormuz chokepoints drove tanker freight rates higher.
- Global oil rerouting, extended voyage durations, and accelerated inventory depletion continue to tighten petroleum supply chains.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
104.61
+64.07% over the displayed period
Advisor Snapshot
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