Oil firms and traders have shown renewed appetite to fix product tankers for short-term floating storage, with low charter rates and depressed demand for middle distillates, according to industry data and sources.
Kpler data suggested 51.9m barrels of clean petroleum products (CPP) were floated at sea as of Friday, down from an all-time high of 79.7m barrels on 16 May but recovering from 45.9m
