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Can Scorpio Tankers Stock (NYSE:STNG) Regain Momentum as the Industry Booms?

The tanker industry is booming, but Scorpio Tankers (NYSE:STNG) stock, along with many of its peers, has remained pretty flat in recent months. However, while the share price is flattening, the tailwinds that propelled this crude oil and petroleum transporter (and the industry as a whole) to where we are today are continuing. Day rates (leasing rates) remain elevated, and the industry appears to be at the start of a multi-year supercycle whereby supply can’t keep up with demand. Thus, I’m bullis

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