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International Tankers and Gas

Contango speculation as BP charters VLCC for floating storage

Oil prices fell to three-month lows this week as lockdown restrictions loom over key global economies. Such measures will once again dampen the fragile level of demand for crude oil

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Speculation is rife that floating storage for oil products will rise amid a lockdown-induced downturn in key economies in the final quarter of 2020

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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