S&P Global Commodity Insights CONTRIBUTOR
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Dec 2015
  • Oil
  • Crude Oil
  • Refined Products
  • Storage

The pig and the python: How American refineries are dealing with the oil glut

Record US crude oil inventory levels in 2015 reminds us of a pig crossing paths with a python. The pig is consumed by the snake, bulging in the reptile’s stomach as it goes through the digestive process, and is a handy parable for oil markets

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