Glut
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Marine World
Oil Snaps 5-Day Rally With Supply Glut Eclipsing Demand Recovery
Futures in New York fell 2.3% Wednesday, after doubling in value from a week ago. American gasoline consumption on a…
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Marine World
Cars Stuck at Sea Shows Weight of U.S. Auto Industry Glut
But when the ship, operated by Nissan Motor Co.’s freight arm, got about a mile offshore, its captain was ordered…
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Marine World
Natural Gas Glut Moves Offshore
But while crude can sit for months or even years in a tank, super-chilled LNG tends to evaporate even in…
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Maritime News
BP to Store Jet Fuel at Sea as Glut Looms
BP has provisionally chartered a 60,000 tonne tanker to store jet fuel at sea starting this week, trading sources said…
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Marine World
Wanted: Tankers to Store Oil as Price War Augurs Glut
Brent futures for May collapsed as much as 32% on Monday after Saudi Arabia began offering its crude at deep…
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