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Traders accelerate oil sales from floating storage to meet Asia demand

Retrieved on: 2021-01-06 04:52:30

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Traders accelerate oil sales from floating storage to meet Asia demand. View article details on HISWAI: https://www.reuters.com/article/global-oil-storage/traders-accelerate-oil-sales-from-floating-storage-to-meet-asia-demand-idUSL4N2J2140

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... and backwardation has widened in expectation of a tighter crude market,” said Serena Huang, Asia lead analyst at data analytics firm Vortexa.

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