Oil traders plan to fill storage tanks and ships with crude in the third quarter to ride out a low demand season in Asia, hoping to cash out in the fourth quarter when prices rise, shipping and trading sources said on Tuesday. At least two trading houses have chartered supertankers to store crude off Singapore, taking advantage of lower freight rates and spot crude prices. More oil is expected to head into regional tanks ahead of the September to November refinery maintenance season. “Traders are trying to bottom-fish (for crude bargains) and store for one to two months before re-selling,” a trader with a western firm said. Clearlake, the tanker chartering arm of Gunvor, has chartered the 308,596 deadweight ton(dwt) Very Large Crude Carrier (VLCC) Arenza XXVII at $33,000 per day for one to four months, a Singapore-based shipbroker […]