Euronav has become the latest owner to reveal huge earnings after what it called "an extraordinary series of events" in the first quarter.
Buoyed by the "disconnect" between slumping oil demand during the coronavirus pandemic and increased Opec+ crude production, the Belgian tanker owner banked a staggering $226m in net profit to 31 March, up 1,050% from the $19.5m achieved in the same period of 2019.
