This also speaks to commodities traders having Ali Baba caves of supplies … follow the use of tankers as floating storage … www.bloomberg.com/opinion/arti...
The Global Oil Cushion Isn’t Really Hitting ‘Tank Bottoms’The energy industry’s latest panic is that it’s about to hit “tank bottoms” — the minimum amount of crude in storage required to keep the conveyor belt that goes from oilfields to refineries humming. ...www.bloomberg.com