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2. External floating roof tank - Wikipedia

   en.wikipedia.org/wiki/External_floating_roof_tank

   External floating roof tank. An external floating roof tank is a storage tank commonly used to store large quantities of petroleum products such as crude oil or condensate. It consists of an open- topped cylindrical steel shell equipped with a roof that floats on the surface of the stored liquid. The roof rises and falls with the liquid level ...

3. Intermediate bulk container - Wikipedia

   en.wikipedia.org/wiki/Intermediate_bulk_container

   A stack of intermediate bulk containers. Intermediate bulk containers (also known as IBC tank, IBC tote, IBC, or pallet tank) are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. [1] The two main categories of IBC tanks are flexible IBCs and rigid IBCs. [2]

4. Floating production storage and offloading - Wikipedia

   en.wikipedia.org/wiki/Floating_production...

   A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil ...

5. Central oil storage - Wikipedia

   en.wikipedia.org/wiki/Central_Oil_Storage

   Central oil storage. Central oil storage (COS), or central storage, is the term used for a communal heating system that began to be utilized in the middle of the twentieth century. The term also applies to industrial, plant and agricultural applications, all of which may or may not be communal in nature.

6. Storage tank - Wikipedia

   en.wikipedia.org/wiki/Storage_tank

   Storage tank. Storage tanks are containers that hold liquids or compressed gases. The term can be used for reservoirs (artificial lakes and ponds), and for manufactured containers. The usage of the word "tank" for reservoirs is uncommon in American English but is moderately common in British English. In other countries, the term tends to refer ...

7. Oil-storage trade - Wikipedia

   en.wikipedia.org/wiki/Oil-storage_trade

   Oil-storage trade. The oil-storage trade, also referred to as contango, is a market strategy in which large, often vertically-integrated oil companies purchase oil for immediate delivery and storage—when the price of oil is low— and hold it in storage until the price of oil increases. [1] Investors bet on the future of oil prices through a ...