Oil production curbs arrest surge in floating storage charters
The take-up of tankers hired for both clean and dirty floating storage is yet to reach the levels forecast last month, when the size and scale of the crude demand collapse stoked fears that land-based storage was strained and the crude price plunged to 18-year lows
Short-term time charter deals are unlikely to immediately materialise this week as everyone in the oil industry waits to see whether production will be curbed to let prices rise again
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