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Global Floating Crude Falls 17% w/w to 62.83m bbls

OIL

Global floating crude oil, stationary for at least 7 days fell to 62.83m bbl as of April 26, down 17% w/w according to Vortexa.

  • Asia Pacific down 17% w/w to 25.25m bbl - lowest since January 2020
  • Middle East down 13% w/w to 8.71m bbl
  • Europe down 9% w/w to 6.63m bbl
  • West Africa down 26% w/w to 5.54m bbl
  • U.S. Gulf Coast up 48% w/w to 2.90m bbl
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Global floating crude oil, stationary for at least 7 days fell to 62.83m bbl as of April 26, down 17% w/w according to Vortexa.

  • Asia Pacific down 17% w/w to 25.25m bbl - lowest since January 2020
  • Middle East down 13% w/w to 8.71m bbl
  • Europe down 9% w/w to 6.63m bbl
  • West Africa down 26% w/w to 5.54m bbl
  • U.S. Gulf Coast up 48% w/w to 2.90m bbl