Shares of the two US-listed product tanker pureplays have lifted to 10-week highs on the back of upbeat notes from prominent equity analysts.

Scorpio Tankers, the world's largest product tanker owner, closed at $18.23 on the New York Stock Exchange on Tuesday, the highest closing price since 12 July.

Meanwhile Ireland-based Ardmore Shipping closed at $4.12, its highest closing since 6 July.