December 30, 2024 08:44 GMT
OIL: Global Floating Crude Falls 16% w/w
OIL
Global crude held on stationary tankers for longer than seven days fell 16% to 60.27mbbl as of Dec. 27 to pull back from a high of 75.7mbbl seen in early December, according to Vortexa data cited by Bloomberg.
- Asia Pacific up 3.6% w/w to 30.91m bbl
- Middle East down 14% w/w to 10.99m bbl
- West Africa down 66% w/w to the lowest since Nov. 2022 at 4.12m bbl
- Europe up 51% w/w to 4.09m bbl
- North Sea down 52% w/w to 648.00k bbl
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