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Oil traders send gasoline ships to US to plug supply shortfalls

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Petroleum barges docked in the port in Texas City, Texas, on Wednesday. The unprecedented floods from the Category 4 storm that slammed into the state's coast last week is triggering changes to the global market for refined fuels.

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Flood waters from Hurricane Harvey surrounding the oil refinery storage tanks in Texas City, Texas, on Wednesday.

London

OIL traders are rushing to book tankers to haul European gasoline across the Atlantic Ocean as Hurricane Harvey transforms the global market for refined fuels.

Since Harvey made landfall on Aug 26, traders have booked 20 tankers to send European fuels to the US, according to

sentifi.com

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