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

April 22, 2020 admin Business News Comments Off on Ships, trains, caves: Oil traders chase storage space in world awash with fuel

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:: Reuters – Business News