Stockpiling barrels on ships would result in losses rather than bumper profits, indicating that the current surplus may not be as large as feared.
Any infrastructure plans that are based on oil dependency should be scrapped and replaced with sustainable alternatives.
Report on crude oil futures blames global governments for ignoring the supply problem, writes Ashley Seager
Oil rose for a third straight session on Tuesday to more than a barrel, boosted by a rumoured attack on Iran’s nuclear facilities.
