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Crude Global Floating Storage Falls to Lowest Since December

OIL

Crude global floating storage stationary for at least 7-days fell to the lowest since December at 81.02mbbls as of 8 Sep according to Vortexa down 5.8% from the previous week.

  • Asia Pacific up 2% w/w to 44.34m bbl
  • West Africa up 6.6% w/w to 8.16m bbl
  • Middle East down 22% w/w to 3.29m bbl; lowest since May
  • Europe down 48% w/w to 2.43m bbl; lowest since February
  • U.S. Gulf Coast down 12% w/w to 2.34m bbl
  • North Sea down 18% w/w to 1.80m bbl

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