A closer look at fund managers' energy market futures and options positioning
Global floating crude inventories are up more than 78% (54 MMb) since the middle of September
Guyanese crude production ramped to a record peak of 910 kb/d and an average of 837.1 kb/d in October—the latter marking an increase of ~66 kb/d from September’s average and 189.8 kb/d over the average for October 2024.
Global floating crude inventories gained 10.1 MMb W/W and 27.5 MMb from the start of November to 114.3 MMb on Sunday
