Global Oil Storage Market: Mounting Oil Surplus Boosting Demand, Finds TMR
The global market for oil storage is a consolidated one, marked by the presence of a large number of global players. In 2014, no company independently held even 25% of the shares and yet ten players reserved 88.53% of the market to themselves. These ten players are Royal Vopak N.V., Kinder Morgan Inc., Oiltanking GmbH, Buckeye Partners L.P., NuStar Energy L.P., Vitol Tank Terminals International B.V., CLH Group, International-Matex Tank Terminals, Inc., Horizon Terminals Ltd, and CIM CCMP Group. Some...
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