hypocritexposer
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Morgan Stanley is seeking a supertanker to store crude oil, joining Citigroup Inc. and Royal Dutch Shell Plc in trying to profit from higher prices later in the year, four shipbrokers said.
The bank has yet to find a suitable vessel, said one of the brokers, all of whom asked not to be identified because the information is private. Carlos Melville, a spokesman for Morgan Stanley in London, declined to comment.
Jan. 16 (Bloomberg) -- Citigroup Inc.’s commodities-trading unit hired a second vessel for storing crude to profit from higher prices later in the year, shipbrokers said.
http://www.bloomberg.com/apps/news?pid=20601207&sid=aZSSMtC6ynNY&refer=energy