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OIL: Crude Floating Storage Falls 1.5% w/w to 65.53mbbl

OIL
BulletEnergy BulletsCommodities

Crude held in floating storage stationary for at least seven days fell 1.5% w/w to 65.53m bbl as of Sept. 13 according to Vortexa cited by Bloomberg.

  • Floating storage has gradually fallen from a peak of 109m in June but still above a low of 58.29m from Oct 2023.
  • Asia Pacific up 10% w/w to 31.66m bbl
  • West Africa down 27% w/w to 10.12m bbl
  • Middle East up 42% w/w to 5.84m bbl
  • Europe up 222% w/w to 3.89m bbl
  • North Sea up 186% w/w to 2.77m bbl
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Crude held in floating storage stationary for at least seven days fell 1.5% w/w to 65.53m bbl as of Sept. 13 according to Vortexa cited by Bloomberg.

  • Floating storage has gradually fallen from a peak of 109m in June but still above a low of 58.29m from Oct 2023.
  • Asia Pacific up 10% w/w to 31.66m bbl
  • West Africa down 27% w/w to 10.12m bbl
  • Middle East up 42% w/w to 5.84m bbl
  • Europe up 222% w/w to 3.89m bbl
  • North Sea up 186% w/w to 2.77m bbl