In yet another example of the world economy shell game coming to a hard stop amid the coronavirus pandemic, oil is incredibly cheap as demand plummets and speculators panic sell and even pay others to store it in a desperate bid to never actually possess the barrels they bought on paper, writesJordan Pearson in an article published in Vice.com
IMAGE: FLICKR/BERNARD SPRAGG. NZ
T...
https://mfame.guru/the-economics-of-storing-oil-how-filling-up-old-tankers-work/