January 27, 2025 09:14 GMT
OIL: Global Floating Crude Rises 13% in Week to Jan. 24
OIL
Global crude held on stationary tankers for longer than seven days rose 13% to 66.26mbbl as of Jan. 24, according to Vortexa data cited by Bloomberg.
- Asia Pacific up 18% w/w to 37.00m bbl
- Middle East up 6.1% w/w to 6.58m bbl
- West Africa down 30% w/w to 4.37m bbl
- Europe up 225% w/w to 2.66m bbl
- North Sea up 489% w/w to 2.15m bbl
- U.S. Gulf Coast down 36% w/w to 315k bbl
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