8.8%-Yielding Preferreds Of Tsakos Energy Navigation Remains Safe, Despite Earnings Decline

Global Oil Demand Strong Favorable Business Outlook (Investor Presentation) Source: Investor Presentation As these two gigantic countries have decades of urbanization ahead, they are likely to greatly increase their consumption of oil per capita and thus remain the main growth drivers of oil consumption. In addition, the crises in Ukraine and the Middle East/Red Sea have caused disruptions in global oil routes and hence the demand for voyages of oil and refined products is likely to remain above-average for ...