(EnergyAsia, July 29, Wednesday) — More companies are joining the bandwagon to store oil in tankers and vessels as a way to make a quick profit. The latest players executing the store-for-trade strategy include Nobel Group, Barclays Capital, Southern Petrochemical Co Ltd, Strong Petroleum, Itochu Petroleum, Vitol Holding BV, JPMorgan Chase & Co (JPM), Gunvor…
COMPANIES: More companies leasing tankers to store oil products
Posted on July 28, 2009 by EnergyAsia