13 stunning photos of supertankers and storage tanks reveal the global oil glut in epic proportions

13 stunning photos of supertankers and storage tanks reveal the global oil glut in epic proportions

A pandemic-led demand crunch is causing storage tanks around the world to fill up with oil that no one wants.. The firm now sees storage reaching "tank tops" in as few as three weeks.. The tankers were carrying more than 20 million barrels of crude oil, making it the largest quantity of crude ever to float off the West Coast, according to Kpler, a company that tracks oil storage.. Read more: Why the price of oil is continuing to free-fall after a historic supply cut - and when experts think it may finally reach rock bottom. The 20 or so tankers, which are set to arrive in May, are carrying more than 40 million barrels of crude oil, the Washington Post reports.. There are roughly 4.3 billion barrels of crude oil storage worldwide, per Rystad Energy, and roughly two-thirds of that is in floating-roof tanks.. Read more: The price of US crude oil just went negative for the first time..