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Glut of crude swells across Atlantic basin on coronavirus, OPEC+ hikes

FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing
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LONDON/NEW YORK (Reuters) - Crude oil traders from West Africa to the U.S. Gulf Coast are offering cargoes at deep discounts, desperately trying to attract buyers as global supplies swell and demand plunges.Oil prices have plummeted to 18-year lows as the global spread of the coronavirus has throttled back air and road travel at the same time as major producers are hiking production after Russia..
Date Published: Mar 19, 2020
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