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Stranded Tankers and Full Storage Tanks: Coronavirus Leads to Crude Glut in China

Tags: crude china
ship anchorageBy Muyu Xu, Shu Zhang and Devika Krishna Kumar BEIJING/SINGAPORE/NEW YORK, Feb 13 (Reuters) – The coronavirus’s effect on energy markets is worsening, as the sharp fall in demand in China, the world’s largest importer of crude, is stranding oil cargoes off the country’s coast and prompting shippers to seek out other Asian destinations. More […]


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Stranded Tankers and Full Storage Tanks: Coronavirus Leads to Crude Glut in China

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