Sunday, July 20, 2025

Weekly Oil Storage: Build Accelerates

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks rose by 5,022 MBBL last week to 430,928 MBBL, from 425,906 MBBL. This is 18% below the 528,156 MBBL that was in storage at this point last year, and is 1% above the five-year

Kingdom Mulls Only Listing Aramco Shares at Home

From CNBC 50% chance of that happening: Reuters After Saudi exchange listing, may offer stock on an international exchanges later Red tape in New York and NYC litigation risk; an LSE listing may not be possible till 2019 Saudi Arabia’s state-owned oil giant Saudi Aramco could first issue stock on its home market and privately place shares in the hands