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Crude Oil in Floating Storage Fell 2.9% WoW


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

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