Storage
Residual fuel fills Venezuela's storage tanks as exports cut to minimum
Most ships bound for Venezuelan ports for December and early January cargo deliveries have made U-turns, as the blockade spooks even vessels not under sanctions.
EIA: U.S. crude, fuel inventories rose in the week ended December 19
Monday's data release was delayed over six hours and released after the oil market had closed.
Singapore fuel oil stockpiles rise to two-week high
Onshore fuel oil stockpiles in Singapore rose to a two-week high, as both imports and exports rose from the previous week.
Asia oil floating storage seen declining on lower exports, China buying
The volume of oil stored on board ships in Asian waters, which has tripled since September to a 3-yr high, is poised to decline as producers of sanctioned oil slow exports and Chinese refiners ramp up buying.
EIA: U.S. crude stocks fall, fuel inventories rise on robust refining
U.S. crude inventories fell, while gasoline and distillates stockpiles rose last week amid strong refining activity, the Energy Information Administration said on Wednesday.
Chinese refiners buy oil from storage, raise output with fresh import quota
Stocks have built up in recent months after the refiners, known as teapots and mostly based in eastern Shandong province, ran out of import quota in October.
EIA: U.S. crude and fuel inventories climb, refining activity picks up
Crude inventories rose by 574,000 bbl to 427.5 MMbbl in the week ended November 28, the EIA said, compared with analysts' expectations in a poll for an 821,000-bbl draw.
EIA: U.S. crude stocks fall on higher demand, fuel inventories rise
U.S. crude stocks fell as refining and export demand rose, while gasoline and distillate inventories rose last week.
Emerson’s new tank monitoring hub optimizes inventory management and operational efficiency
The insights provided by the hub help to optimize inventory management, leading to improved decision-making, increased operational efficiency and reduced costs.
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