Sun, 10 May 2020 21:00:57 +0000

Conventional storage to run out of space Global oil demand will remain weak unless the world returns to pre-COVID-19 levels. The oversupply of nearly 20 mbpd (which is expected to decline gradually with improving demand and declining production) will lead to a surge in demand for crude oil storage as production cannot be reduced at …

 

Full article: https://www.hellenicshippingnews.com/drewry-decoding-stock-prices-volatility/