Traders alarmed oil glut is a strain on West Texas storage tanks
April 26, 2015 at 01:00 AM EDT
NEW YORK, April 26 (Reuters) - Four-hundred miles from the near overflowing tanks at the U.S. oil hub in Cushing, Oklahoma, a second glut in the Permian Basin of West Texas is pressuring oil prices once again as pipeline disruptions strand millions of barrels in the region.