Volumes of Oil Held in Floating Storage Fall as Profits Wane

摘要

Shipping data indicates that the volume of crude oil and refined products stored in vessels at sea fell by 23 million barrels in January to a combined 115 million bbl. Crude oil volumes fell by 15 million bbl, mostly in the US Gulf of Mexico, while product stocks stored offshore came down by 8 million bbl, especially in the North Sea.