Storage is the hottest commodity right now in oil markets

Mar 31, 2020
Swooning demand means there's a lot of oil being produced but not consumed. That's making storage prices soar.
The price to store oil is soaring. Above, a pipeline carries oil at the Federal Strategic Petroleum Reserve facility known as Big Hill near Beaumont, Texas.
Joe Raedle/Newsmakers

Why oil prices move up and down so much

Feb 26, 2015
Predicting global supply and demand is enormously complicated