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Floating Crude Slips 24% w/w: Vortexa

OIL

Floating crude, stationary for at least 7 days, fell to 73.29m bbl as of June 28, down 24% from 96.40m bbl on June 21 according to Vortexa.

  • Storage in West Africa saw the biggest decrease - down 44% w/w to 4.66m bbl and the lowest since December.
  • Europe dropped 37% w/w to 9.35m bbl.

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