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Scorpio Tankers (NYSE:STNG) shares have gained 76.4% over the past 12 months. It’s been an exceptionally good start to the year for Scorpio and the tanker industry. The company has been in a prime position to benefit from a supply and demand imbalance within the tanker industry, sending spot rates for its young and fuel-efficient fleet upwards. With several factors continuing to exacerbate the market imbalance, plus the stock’s attractive valuation, I remain bullish on Scorpio. Scorpio Tankers I
PennDOT announced Thursday morning that construction on the permanent lanes at Cottman Avenue in the city's Tacony neighborhood is finally complete.