(EnergyAsia, January 22 2010, Friday) — Traders are still piling into one of the most lucrative oil plays in memory, leasing oversupplied tankers for use as floating storage terminals around the world. Last November, ship broker Gibson estimated that the amount of crude and oil products stored in tankers had risen to a 10-year high…
MARKETS: More tankers being used as floating oil terminals as trade continues to look viable
Posted on January 21, 2010 by EnergyAsia