Traders Search for Places to Stash Oil as Price War Augurs Glut
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Traders Search for Places to Stash Oil as Price War Augurs Glut

(Bloomberg) -- Oil’s plunge has revived memories of the 2008-09 recession, when traders snapped up dozens of tankers to park unwanted barrels at sea.
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