The crude oil contango market in the U.S. has created a massive incentive to store oil and, while traditional storage hubs reach record high levels, Genscape analysts have identified a trend for operators to look to their own wells as an avenue to store oil until commodity market conditions improve. More ยป
Crude Oil Brokers Scam Blog
Thursday, 9 April 2015
Deferred completions slowing supply to U.S. market, Genscape says
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