Jim Cramer proclaims the oil tanker business could be on the verge of a renaissance, and his...

|By:, SA News Editor

Jim Cramer proclaims the oil tanker business could be on the verge of a renaissance, and his favorite way to play it is North American Tankers (NAT +7.8%), pointing to already improving dayrates for Suezmax tankers and VLCCs; he likes the ~7% yield while you wait. "The [Brent-WTI] spread is dead," so Cramer likes several other energy names too: CLR, EOG, WLL, PXD, CXO.