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Crude Floating Storage Falls 9% Last Week

OIL

Crude oil floating storage stationary for 7-days fell to 73.62mn bbls as of March 10 according to Vortexa – down 9% from 80.89mn bbls March 3.

  • Asia Pacific down 8.2% w/w to 47.29m bbl
  • Middle East down 22% w/w to 5.84m bbl; lowest since September
  • West Africa up 82% w/w to 5.06m bbl
  • Europe up 7% w/w to 3.51m bbl

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