[mmichaels1970]

Which is why with the US unable to store its own output, some 50 million barrels of Saudi oil are on their way to the United States and due to arrive in the coming weeks, piling even more pressure on markets already struggling to absorb a glut of stocks, Reuters and MarineTraffic reported.

I'm an "ignor-a-moose". Does that mean somebody here bought the oil? 50 million barrels of oil we don't evidently need are on there way here how?

[FewsOrange]

Does that mean somebody here bought the oil?

- Maybe, there is not a lot of detail in the story

50 million barrels of oil we don’t evidently need are on there way here how?

- It could have been ordered well in advance, that is what the futures contracts are all about.