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Global Crude Floating Storage Rises 4.7%

OIL

Global crude oil floating storage stationary for at least seven days has risen 4.7% in the last week to 90.16mn bbls as of Oct 14 according to Vortexa.

  • Asia Pacific up 3.4% w/w to 51.74mbbl
  • Middle East up 0.8% w/w to 16.01mbbl
  • Europe down 25% w/w to 5.32mbbl
  • West Africa down 54% w/w to 2.03mbbl
  • North Sea down 49% w/w to 1.08mbbl

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