Global oil storage could be maxed out in just 3 weeks, driving ‘substantial volatility’

Capt. John

The world’s oil storage could reach capacity as soon as mid-May and wreak additional havoc on the critical commodity market, Goldman Sachs analysts said. Oil prices have sat close to historic lows as the coronavirus pandemic sinks demand and leaves producers struggling to stem a massive supply...

https://www.hellenicshippingnews.com/global-oil-storage-could-be-maxed-out-in-just-3-weeks-driving-substantial-volatility/

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