Tankers

Tanker owners can’t bet on boost from floating storage

The trade may be peaking as oil prices improve and much of the crude stored at sea is expected to be discharged in coming weeks

Nigeria is increasing crude production but much of that extra ouput is going unsold, forcing it to be stored on the water
Nigeria is increasing crude production but much of that extra ouput is going unsold, forcing it to be stored on the water
  • Michael Angell
Stamford
Published 28 June 2017, 13:40Updated 28 June 2017, 13:40