Adipec 2017: World headed for oil supply ‘bust’ due to lack of investment

Oil pipes connect the Monte Toledo oil tanker to an offshore pumping station as it delivers a shipment of Iranian oil to the Cia. Espanola de Petroleos SA (CEPSA) refinery near Algeciras, a few miles from Gibraltar. Photographer: Luke MacGregor/Bloomberg
Oil pipes connect the Monte Toledo oil tanker to an offshore pumping station as it delivers a shipment of Iranian oil to the Cia. Espanola de Petroleos SA (CEPSA) refinery near Algeciras, a few miles from Gibraltar. Photographer: Luke MacGregor/Bloomberg

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