Bulletin Updates

US petroleum markets and storage demand – 24 Mar 2023

Mar 24, 2023

According to a petroleum storage broker and clearinghouse, the backwardation in several US petroleum markets has limited demand for leasing storage space. However, a significant financial crisis could lead to a contango in prices, which may incentivize storage demand.

Click details for more

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »