Second Wave of Floating Storage Triggered by Ailing Oil Market

A stalled global economic recovery from the coronavirus pandemic is leading to a fresh build-up of global oil supplies, pushing traders including Trafigura to book tankers to store millions of barrels of crude oil and refined fuels at sea again.

This article was originally published by New York Times on the 9 September 2020.

Read the full article: https://www.nytimes.com/reuters/2020/09/09/business/09reuters-global-oil-floating.html

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