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trading

  • tankers-are-berthed-beside-the-fawley-oil-refinery-on-jan-7-in-southampton-england-with-low-oil-prices-some-traders-are-buying-oil-and-storing-it-in-tankers-hoping-the-price-will-rise-soon-so-th
    Where Is All That Excess Oil Going?
    WMFE Staff
    Oil prices are low because there's too much on the market. That extra oil has to be stored somewhere. A lot of it is sitting on ships at sea, with traders hoping the price will go up soon.