supply - demand = storage

all these tankers and caves are filled up rapidly as :

1. traders take advantage of contango to earn arb profits;
2. oil import nations like China increases national oil reserve.

just my 2c

所有跟帖： 

• 其实对俄罗斯来说，并没那么可怕，因为他们还有其它东西可卖赚取平衡，几十亿美元的出口差距，他们可以承受，美国也问题不大， -BBB_Bond- ♀ (1203 bytes) () 01/25/2015 postreply 11:52:59