Oil industry may fill global storage in months as record glut builds

Oil industry may fill global storage in months as record glut builds
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23.03.2020

MOSCOW (MRC) --В The oil market could see a record supply surplus in April as coronavirus wipes out demand and big producers pump more, creating a global glut that threatens to overwhelm storage capacity within months and force widespread industry shutdowns, according to Hydrocarbonprocessing with reference to analysts.Crude is already gushing into storage at land and sea worldwide as co

Full article at mrcplast.com

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