World running out of oil storage space says Rystad

Malcolm Latarche

Malcolm Latarche · 23 March 2020

ShipInsight


As oil prices continue to fall, the largest oil supply surplus the world has ever seen in a single quarter is about to hit the global market from April, creating an imbalance of around 10 million barrels per day (bpd) says Norway-based analyst Rystad Ener…

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