To search please Login or Register for free.

Storage market shocked into new fundamentals

Cyril Widdershoven, Middle East & geopolitical expert & global head strategy & risk at Berry Commodities Fund, shares his thoughts on some of the biggest market disruptions and uncertainties to happen in a generation and why future opportunities for the industry still exist


After years of being a statistical factor in oil market developments, looking at the OPEC+ and US shale oil confrontation, driven by stable growing demand and reoccurring supply issues, the fundamentals of the total constellation have changed dramatically. The year 2020 has started with a bang, not only for the global economy, commodities and trade, but also for midand downstream oil and gas players. The normal fundamentals of the global oil storage sectors all would be on green with an ongoing supply demand conflict and a fractured OPEC+ production cut strategy.

A renewed flux or even glut of oil and gas volumes would have been pushing stocks and storage figures of mos...

The full article is available to Tank Storage Magazine subscribers. Login, Subscribe or purchase the issue this article is featured in here.

Next Post