The oil & gas sector has expanded at an impressive rate over the past couple of decades, owing to increasing demand from an array of end-use industries. As the demand for different types of oil, including gasoline, aviation fuel, middle distillates, and crude oil continues to grow at an impressive rate, oil storage has emerged […]
Tag Archives: Oil Storage Equipment Market
Oil storage is a type of trade in which vertically integrated companies purchase oil for immediate delivery and store it until the price of oil rises. Moreover, this storage can be stored for a short period of time as it can transport the oil for refining processes. Crude oil storage also protects against short-term supply […]