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China is hoarding cheap oil in a fleet of supertankers - CNNMoney

CNNMoney

China is hoarding cheap oil in a fleet of supertankers
CNNMoney
Despite the massive capacity boom, China is still buying more oil than it can store -- and all that crude has to go somewhere. The solution lies in the Strait of Malacca. At anchor just a few kilometers off the coast of Malaysia lies the TI Europe ...
Bloated oil market fed more crude from unwinding sea storage playsYahoo! Maktoob News

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Admin 04.06.2015 0 68
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