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Home Icon > About Us > News > Demand to Store a Glut of Diesel at Sea is Rising Fast

Demand to Store a Glut of Diesel at Sea is Rising Fast

By Jack Wittels and Prejula Prem (Bloomberg) –Big oil traders are rushing to book tankers with a view to storing a glut of refined petroleum like diesel and jet fuel on the world’s oceans. The interest in floating storage of fuels, one of the clearest signs of oversupply, will be viewed with concern by many […]

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