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Crude Floating Storage Down 18% Last Week

OIL

Crude oil floating storage, stationary for at least 7 days, fell to 84.75mn bbls as of November 4 according to Vortexa, down 18% from 103.92m bbl on Oct. 28.

  • Asia Pacific down 1.2% w/w to 53.07m bbl
  • Middle East down 22% w/w to 14.09m bbl
  • Europe down 32% w/w to 6.83m bbl
  • West Africa up 192% w/w to 5.35m bbl

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