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Ships, trains, caves: Oil traders chase storage space in world awash with fuel

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Home Blogs > Business
Apr 21 '20 | By oiam2companyadmin | Views: 199 | Comments: 0

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Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more conventional storage facilities fill up amid abundant supply and plummeting demand due to the coronavirus crisis.
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Source: https://www.reuters.com/article/us-global-oil-storage/ships-trains-caves-oil-traders-chase-storage-space-in-world-awash-with-fuel-idUSKCN2240MF?feedType=RSS&feedName=businessNews

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