Tag: Oil Inventory

With big outages in oil supply, buyers tap plentiful storage

Total U.S. crude inventories near peak, up 61 million barrels from year ago By Libby George and Catherine Ngai NEW YORK, May 19 (Reuters) – Oil traders from Houston to the North Sea are tapping into plentiful storage onshore and offshore, evincing little sign of concern yet about mammoth supply losses from Canada to Nigeria […]