Frontline profits rise amid demand for oil storage – Reuters
OSLO, Aug.27 (Reuters) – Oil group Frontline reported a sharp rise in second-quarter profits on Thursday as energy traders paid to store unsold crude amid the COVID-19 pandemic, the company said Thursday. Frontline’s April-June adjusted net income rose to $ 206.1 million from $ 4.2 million a year ago, beating $ 203.3 million forecast in […]
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