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Global oil storage could reach full capacity in few months

According to Rystad Energy, the world's oil storages will be at full capacity within a few months. This could cause the oil price to dip below USD 10 a barrel, assesses the analyst firm.
Photo: Nick Oxford/Reuters/Ritzau Scanpix
Photo: Nick Oxford/Reuters/Ritzau Scanpix
by SØREN PICO

If the current imbalance in the oil market continues, the world's oil storages will reach full capacity in just a few months, assesses Rystad Energy.

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