Floating storage is oil (or another liquid) held in tankers at anchor as inventory rather than shipped, which pays when the contango over the months of the charter exceeds the charter cost plus financing.
Quantitative Finance · Glosario
Quantitative Finance · Glosario
Floating storage is oil (or another liquid) held in tankers at anchor as inventory rather than shipped, which pays when the contango over the months of the charter exceeds the charter cost plus financing.