Niche Corner of the Oil Market Is Rocked by Huge Bet — on Tankers

A niche but crucial part of the oil market is being rocked by a huge bet from a South Korean tycoon who has amassed a large share of the tanker...

By Alex Longley, Weilun Soon, Alaric Nightingale · Bloomberg

A niche but crucial part of the oil market is being rocked by a huge bet from a South Korean tycoon who has amassed a large share of the tanker market, with help from one of the industry’s wealthiest men.