Fred Pals and Jack Wittels
Business, Fuel, Logistics
Storage containers stand at an oil terminal, operated by Koninklijke Vopak NV, at the Port of Rotterdam in Netherlands in April 2017. (Simon Dawson/Bloomberg News)
World’s Biggest Oil Storage Firm Says Almost All Space Sold
Storage containers stand at an oil terminal, operated by Koninklijke Vopak NV, at the Port of Rotterdam in Netherlands in April 2017. (Simon Dawson/Bloomberg News)
The world’s biggest independent oil storage company has all but run out of space for crude and refined products as a result of the fast-expanding glut that COVID-19 has created.
April 21, 2020