Free Trial

Crude Oil in Floating Storage Fell 2.9% WoW

OIL

Crude oil held around the world on tankers that have been stationary for at least seven days fell to 86.52m bbl as of 24 November, down by 2.9% from the week prior, Vortexa data show.

  • Asia Pacific down 1.7% w/w to 41.67m bbl
  • Middle East down 6.6% w/w to 9.15m bbl
  • West Africa down 21% w/w to 6.54m bbl
  • Europe down 21% w/w to 6.38m bbl
  • US Gulf Coast up 139% w/w to 6.33m bbl

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.