ABU DHABI / WAM The World Future Energy Summit, taking place at ADNEC Centre Abu …
Read More »Oil traders hunt for profit at sea again as glut sinks price
Bloomberg As crude prices continue to get dragged down by a global glut that shows no signs of abating, oil traders may find some profit by going to sea. The market structure for Brent crude, the benchmark for more than half the world’s oil, now makes it viable to store supplies in a vessel to potentially lock in profits …
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