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BRIMMING OVER

BRIMMING OVER

Photo by Bloomberg

8th May 2020

     

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There are fears that fuel and oil storage capacity limits could be reached during May amid ongoing weak demand across the world, despite some easing of Covid-19 lockdown restrictions. Once there is nowhere left to put oil, drillers will have to shut enough supply to match the demand loss. Pictured here are fuel storage tanks in California, in the US. The storage constraints are global, however. Photograph: David Paul Morris for Bloomberg

Edited by Creamer Media Reporter

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