May 27, 2024 07:08 GMT
Crude Floating Storage Slips to 74.82mn bbls
OIL
Floating crude on tankers stationary for at least seven days fell to 74.82m bbl as of May 24, down 8.1% from 81.37m bbl on May 17 according to Vortexa.
- Asia Pacific down 25% w/w to 24.86m bbl; lowest since January 2020
- U.S. Gulf Coast up 22% w/w to 10.70m bbl; highest since August 2020
- West Africa up 8% w/w to 10.19m bbl
- Europe up 79% w/w to 10.14m bbl
- Middle East down 39% w/w to 7.33m bbl
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