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Oil on tankers hits highest level for two years amid production ramp-up

Tradewinds News · last updated

Oil on tankers hits highest level in two years amid production ramp-up

The world may be heading for a period of oversupply, analysts warn

Ras Tanura in Saudi Arabia is the world’s largest oil export terminal.
Ras Tanura in Saudi Arabia is the world’s largest oil export terminal.Photo: Saudi Aramco