Oil storage at sea ebbs gradually from May peaks

Capt. John

A glut of crude oil and products stored in tankers at sea will take months to clear, although a recovery in global energy demand has reduced the volume compared with a peak hit in May, ship brokers and tanker market watchers said. As global lockdown measures to fight the coronavirus outbreak are...

https://www.hellenicshippingnews.com/oil-storage-at-sea-ebbs-gradually-from-may-peaks/

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