Tag: oil in transit

Up, Up and Away

Oil in transit has been ramping up strongly in recent months, as more supply has come to market than expected. This could be interpreted as bullish, if it were not for rising floating storage volumes on a global basis.

Read More »

ClipperClip: Follow the flows

Today’s appearance on CNBC Squawk Box addressed the current quandary faced by Saudi Arabia, as well as how the bearish sentiment in the market is reflected in weak fundamentals via rising oil in transit and higher floating storage.

Read More »