Post Tagged with: "Floating storage"

Creole Spirt, Teekay Tanker Suezmax Tanker, Source: Teekay

Floating Storage Declining, but U.S. Stockpiles Expected to Grow

Non-Iranian floating storage down to an estimated 10 MMBO

Backwardation in the physical oil market is helping to draw down the number of barrels waiting in floating storage, according to a report from CNBC. An estimated 75-80 MMBO of …


The IEA’s 1.2 Million Missing Barrels of Daily Production

The IEA understates demand on average by about 700 MBOPD

The International Energy Agency’s (IEA) Oil Monthly Report (OMR) tracks the changes in the international oil and gas industry, following supply, demand and inventories, among many other things. Part of …

June 24, 2015 - 6:06 pm International, Oil and Gas 360 Articles