Euronav sees a much rosier future for the tanker sector than the one painted by analysts in recent weeks.
The New York-listed tanker owner said even if oil demand recovers quickly as countries across the globe open up after their Covid-19 shutdowns, ships will remain on floating storage as it would essentially create another, less severe contango situation.
"It's not going to be as supportive of what we've seen in the last month ...
