Oil: A Bloomberg feature talks about oil traders may now look to the sea for storing oil for future use amid the ongoing glut. Traditionally oil has been stored on land.
Oil laden vessels have been parked offshore from Singapore to Gulf of Mexico, amid expectations for the contango to widen enough for those who own storage to lock in profit.
Although the contango is not wide enough yet, it could become so if OPEC to overproduce.
Link to story here: http://www.bloomberg.com/news/articles/2015-09-27/oil-traders-may-look-to-the-sea-for-profit-amid-price-collapse
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