OREANDA-NEWS. The collapse in the price of WTI oil creates a rare opportunity for traders to fill the tankers with raw materials and wait for the expectation that later this year, prices for hydrocarbons will increase sharply with demand. This opinion was expressed on Monday by the American newspaper economist Reed Ajanson of the New York company Kpler Inc., which is developing tools for tracking oil and gas market information.

According to the expert, at the moment it is possible to achieve success in finding a vacant storage for oil. "You can make very good money if you find a repository", said Ianson. The problems of producing companies represent a rare opportunity for traders who are engaged in filling tankers with crude oil and sending them to drift sailing, the newspaper reports the economist.

Under a one-year contract, the VLCC daily freight increased from $ 30.5 thousand to approximately $ 72.5 thousand. According to the publication, if the forecast of the price jump is justified, then traders will be able to earn profit, even paying $ 10 thousand per day in excess of the cost of freight. The price of WTI oil on Monday for the first time in US history fell on the New York Mercantile Exchange to negative levels.