Thursday, Jun 04, 2009
We are being taken for a ride.
Reuters: JPMorgan hires crude tanker to store gasoil -trade
JPMorgan Chase & Co has hired a crude tanker vessel to store gas oil off Malta's coast, shipping sources said on Wednesday.
The U.S. investment bank declined to comment. Storing any light, refined oil products in a crude oil tanker is unusual.
Posted by devo @ 12:05 AM (361 views) Add Comment
1 Comment
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1. williammontague said...
Well thats an inflation hedge if ever I saw one!