Free Trial

OIL: Crude Floating Storage Slips 2.1% w/w

OIL

Crude held in floating storage stationary for at least seven days slipped to 60.25m bbl as of Sept. 6 – down 2.1% w/w according to Vortexa.

  • Asia Pacific down 9.8% w/w to 25.36m bbl; lowest since April
  • West Africa up 41% w/w to 13.82m bbl; highest since May 2023
  • U.S. Gulf Coast up 190% w/w to 4.26m bbl
  • Middle East down 44% w/w to 3.02m bbl; lowest since February

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.