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Crude Floating Storage Slips 20% w/w

OIL

Floating crude stationery for at least 7 days fell 20% w/w to 74.53mn bbls as of July 12.

  • It stood at 93.71mn bbls on July 5.
  • Asia Pacific down 33% w/w to 31.13m bbl
  • Europe up 17% w/w to 12.27m bbl
  • Middle East down 4.3% w/w to 11.30m bbl
  • North Sea up 6.4% w/w to 4.75m bbl

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