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(6,439 posts)

7. Output is limited by storage capacity.

Fri Apr 10, 2020, 10:33 AM

Apr 2020

Tankers are offshore all over the world with no place to offload.

Likewise, refined product can't move either, unless there's a place to keep it.

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Highlight:

Opec, Russia and other oil producers make draft deal to cut output [View all] muriel_volestrangler Apr 2020 OP

Just a guess, gab13by13 Apr 2020 #2

Like we haven't heard that one before. marble falls Apr 2020 #3

A glut is a glut bucolic_frolic Apr 2020 #4

Poor little oil producers! Bayard Apr 2020 #5

I have already cut my car driving. Two can play this game. NCjack Apr 2020 #6

Output is limited by storage capacity. House of Roberts Apr 2020 #7

At least a 40% cut in use going on. safeinOhio Apr 2020 #8

Gotta get those gas prices back up again. Firestorm49 Apr 2020 #9

It's odd how low oil prices can harm the stock market Steelrolled Apr 2020 #10