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Oil Tankers’ Strange Trips Reveal a Stubborn Glut of Diesel

By Ryan Hesketh, Prejula Prem and Jack Wittels (Bloomberg) — For clues about how glutted the global diesel market remains, just look at the bizarre voyages being undertaken by tankers hauling the fuel. One cargo of diesel got hauled all the way to Singapore from the Persian Gulf — only to be loaded onto a […]

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