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OIL: Crude Floating Storage Slips 14% w/w

OIL

Global floating crude held on stationary tankers for longer than 7-days fell to 50.97m bbl as of Nov. 15, down 14% w/w according to Vortexa.

  • Asia Pacific down 9.4% w/w to 26.54m bbl
  • Middle East up 16% w/w to 10.66m bbl
  • West Africa down 8.4% w/w to 6.68m bbl
  • Europe down 4.9% w/w to 2.26m bbl
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Global floating crude held on stationary tankers for longer than 7-days fell to 50.97m bbl as of Nov. 15, down 14% w/w according to Vortexa.

  • Asia Pacific down 9.4% w/w to 26.54m bbl
  • Middle East up 16% w/w to 10.66m bbl
  • West Africa down 8.4% w/w to 6.68m bbl
  • Europe down 4.9% w/w to 2.26m bbl