The world’s top oil traders have been chartering dozens of supertankers for potentially storing oil at sea amid signs that demand recovery has stalled. Trafigura has chartered 12 very large crude carriers (VLCC), which can collectively hold 24 million barrels of oil, sources with knowledge of the matter told Bloomberg . Another 18 supertankers have also been booked by companies including Vitol Group, Shell, and Lukoil, according to lists of bookings of shipbrokers seen by Bloomberg. BP is said to have provisionally booked a supertanker to hold oil in floating storage offshore Malaysia, Reuters reported on Thursday, citing Refinitiv Eikon data and industry sources. BP managed to snap up the supertanker at the lowest rate so far this year, according to the data, at $20,500 per day for three months, with the option to extend the charter for another three months at $22,000 per day, according to one of […]