Oil companies continued to produce, and the resulting oversupply led to a surge in demand for third-party storage capacity. This led to high occupancy rates in the major hubs, putting a premium on ...

Using satellite imagery, they are using a simple way to monitor the occupancy crude oil storage facilities around the world. The key is in the construction of large capacity crude oil storage tanks.

Oil Storage Fee Rental Market Dublin, Jan. 14, 2025 (GLOBE NEWSWIRE) -- The "Oil Storage Fee Rental Market Report and Forecast 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Oil and Gas Storage Service Market: Segmentation by Geography The market is segmented into five regions encompassing North America, APAC, Europe, MEA, and South America.

A parliamentary panel has urged the oil ministry to fund state-run oil firms for building crude storage caverns near refineries and speed up India’s strategic petroleum reserve expansion, as demand ...

The global oil storage market grew from $9.41 billion in 2022 to $9.86 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The oil storage market is expected to grow to $11.94 billion ...

The $600 million oil storage terminal with a capacity of 1.28 million cubic meters at Pengerang in the southern Malaysian state of Johor will receive a clean oil product shipment on Saturday ...

"Storage limitations point to a forced 10 million bpd cut in world oil production," they add. Even that may not be enough for a near-term stabilization of a market that's desperately hoping for a ...

SINGAPORE—The historic fall in oil prices has created a pileup of inventories, much of it stashed in tanks in the U.S. and other industrialized countries that are committed to disclosing the ...

WASHINGTON (Reuters) -The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in ...