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Floating Crude Volumes Edged Down 2.4% Last Week

OIL

The amount of crude oil held around the world on tankers that have been stationary for at least seven days fell by 2.4% to 68.60m bbl as of 1 March, Vortexa data show.

  • Asia Pacific down 18% w/w to 32.97m bbl
  • Middle East up 12% w/w to 7.89m bbl
  • Europe up 47% w/w to 6.71m bbl
  • West Africa down 14% w/w to 5.10m bbl
  • North Sea down 100% w/w to 0.00k bbl

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