The world’s on the brink of running out of places to put oil

Financial Post | Mar 26, 2020 at 6:49 PM
  • The world will run out of places to store oil in as little as three months.
  • The oil market has been hammered by falling demand as a result of the coronavirus outbreak, and as Saudi Arabia vows to flood the market with crude at deep discounts, following the collapse of the coalition of the Organization of Petroleum Exporting Countries and allies including Russia.