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Crude Floating Storage Down 7.3% w-o-w

OIL

Crude floating storage stationary for at least 7-days fell to 85.67mn bbls in past week as of Sep 16, down 7.3% from Sep 9.

  • Asia Pacific down 12% w/w to 50.07m bbl
  • Europe down 0.3% w/w to 10.36m bbl
  • Middle East up 21% w/w to 10.00m bbl
  • U.S. Gulf Coast up 81% w/w to 2.64m bbl; highest since January
  • West Africa down 45% w/w to 2.46m bbl
  • North Sea up 49% w/w to 1.91m bbl

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