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US oil tanks beckon crude contango playThe US oil storage trade is back - and may be bigger than ever as traders are scrambling to cash in on the return of a market structure known as 'contango,' by securing storage that could yield an almost guaranteed return of 8 per cent o More… |
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US oil tanks beckon crude contango playThe US oil storage trade is back - and may be bigger than ever as traders are scrambling to cash in on the return of a market structure known as 'contango,' by securing storage that could yield an almost guaranteed return of 8 per cent o More… |
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Libya govt planes destroy Misrata fuel tanksLibyan government forces dropped bombs on four large oil storage tanks in the contested western city of Misrata, destroying the tanks and sparking a fire that spread to four more, a rebel spokesman said on Saturday. Government forces used More… |
