Recents in Beach

Hunt for storage turns urgent as oil glut grows

The telephone lines have been ringing at Adler Tank Rentals in Texas as oil companies found a new use for steel tanks that had been left idle when shale producers stopped drilling - they want to use the tanks to store some of an oil glut that has overwhelmed the market and flipped US crude prices negative for the first time.



April 21, 2020 at 12:08PM

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