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Crude Floating Storage Rises to 107.12mn bbls

OIL

Crude floating storage stationery for at least 7-days rose to 107.12mn bbls as of June 16 – 5% higher than a week prior.

  • Asia Pacific down 16% w/w to 46.72m bbl
  • Middle East up 39% w/w to 8.12m bbl
  • Europe down 8.7% w/w to 6.68m bbl
  • West Africa down 18% w/w to 3.70m bbl; lowest since March

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