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Crude Floating Storage Narrowly Falls

OIL

Crude floating storage held on tankers stationary for at least 7 days fell to 93.59mn bbls as of May 26 according to Vortexa – a fall of 424k bbls from the week prior.

  • Asia Pacific down 9.6% w/w to 50.87m bbl
  • Middle East up 2.5% w/w to 7.03m bbl
  • West Africa down 2.4% w/w to 6.53m bbl
  • Europe up 23% w/w to 4.73m bbl

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