US May Run Out Of Oil Storage Space As Soon As June

by Tyler Durden
ZeroHedge.com
03/10/2015

Oil storage capacity in the US is now at 60% and is set to be completely exhausted in just three months. With storage at a premium, the contango breakeven trade will become increasingly more unprofitable and come June, each incremental barrel will have to be dumped on the market forcing prices lower.

The Rest…HERE

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