Oil Storage Companies Witness an Unprecedented Capacity Demand without a Proportional Rise in Profit

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Description: Oil Storage Companies Witness an Unprecedented Capacity Demand without a Proportional Rise in Profits Summary Oil storage companies are seeing record demand for their storage facility services. Yet, they don’t seem to be making the cut as far as profits from their services are concerned. The record demand seems to be a case of oil companies simply storing their output in anticipation of suitable, upward revisions in the prices of crude oil and petroleum products. The prices, in turn, depend on increase in demand for crude oil and refined products. The uncertainty in the global economy coupled with credit crunch is adding to the dilemma faced by these companies. Scope GlobalData viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData’s views of various developments that have been taking place in the oil and gas industry across the world. Reasons to buy Develop business strategies with the help of specific insights from GlobalData on the key events happening in the nuclear energy industry. Gain a strong understanding of the nuclear energy market and analyze the major trends in the global nuclear energy industry today Identify opportunities and challenges with the help of our analysis of the latest news and deals in the nuclear energy industry Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events
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GlobalData is an industry analysis specialist, providing business information products and services. GlobalData’s highly qualified team of analysts, researchers, and solution consultants use proprietary data sources, tools and techniques to gather, analyze and represent the latest and the most reliable information essential for a business to sustain a competitive edge. GlobalData is a UK-based company with presence across North America, Europe and Asia Pacific and has a broad product offering that ranges from interactive databases, reports and custom solutions. It is a comprehensive source of insights and analysis with coverage across the oil & gas, power, alternative energy, nuclear power, petrochemicals, medical equipment and healthcare industries. GlobalData has a broad range of coverage over key market segments. It has a global scope, covering a wide range of countries constituting more than 90% of global revenues in each of the industries it covers. With a large dedicated research and analysis capability, GlobalData employs rigorous primary and secondary research techniques in developing unique data sets and research materials. Its status as an independent research company allows Analysts to conduct trade interviews with key industry players. Access to unique databases of in-house market information further strengthens research and analysis capabilities. Materials are reviewed shaped by an expert panel of leading industry figures and representatives from key players in the relevant industries. Sectors and Geographies Covered GlobalData has a broad range of coverage over key market segments. It has a global scope, covering a wide range of countries constituting more than 90% of global revenues in each of the industries it covers. Research Methodology With a large dedicated research and analysis capability, GlobalData employs rigorous primary and secondary research techniques in developing unique data sets and research materials. Its status as an independent research company allows Analysts to conduct trade interviews with key industry players. Access to unique databases of in-house market information further strengthens research and analysis capabilities. Materials are reviewed shaped by an expert panel of leading industry figures and representatives from key players in the relevant industries.