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Global oil storage capacity can fill in May: OPEC hea

The world’s crude oil storage capacity may fill up next month because of coronavirus-related weak demand and rising oversupply, OPEC Secretary-General said Thursday. With widespread travel restrictions, business and industry shutdowns, “supply and demand fundamentals are horrifying,” Mohammad Barkindo said during his opening speech at an OPEC and non-OPEC ministerial meeting via webinar. Source Anadolu Agency

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