Jonathan Saul

For Jonathan Saul's latest contributions to The Japan Times, see below:

World Jan 12, 2015

Oil glut spurs rush for supertankers to store excess at sea

Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut. Trading firms including Vitol, Trafigura and energy major Shell have all booked crude tankers for up to 12 months, freight ...