Today in oil and natural gas markets:
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
While last month’s growth was the smallest monthly increase since April and bullish versus the group’s announced October hike of +137 kb/d, actualized output...
Global volumes of crude in stationary floating storage increased 10.84 million barrels (+12.7%) W/W to 96.12 MMb last week, lifting worldwide floating stocks into the top quartile of the 2016-2024 seasonally-adjusted distribution.
