Oil traders blow up tankers as Second Wave glut – Bloomberg

Oil traders blow up tankers as Second Wave glut – Bloomberg

Photographer: Tim Rue / Bloomberg Photographer: Tim Rue / Bloomberg Some of the world’s largest oil traders are bracing for the possible resurgence of a coronavirus-induced glut of crude and fuels, buying giant tankers for multi-month charters so they can be ready to store the barrels in excess if necessary. The charter frenzy is likely […]

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