Business, Fuel
Oil Trading Profits Soar for Energy Majors Who Made Storage Bets
In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of what oil companies usually do: pumping as much crude as possible underground into giant caverns on the nation’s North Sea coast.
Javier Blas and Lars Erik Taraldsen | Bloomberg News
July 24, 2020Follow Us
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