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Crude Floating Storage Rises 5.8% w/w: Vortexa

OIL

Crude floating storage stationery for seven-days rose to 74.69mn bbls at of October 27 according to Vortexa figures, 5.8% higher than the week prior.

  • Figures indicate a big build up off the US Gulf Coast.
  • Asia Pacific up 14% w/w to 38.87m bbl
  • West Africa down 12% w/w to 7.20m bbl
  • US Gulf Coast up 465% w/w to 6.34m bbl; highest since August 2020

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