Insight
WTI floating storage: Not so fast
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Report summary
There have been recent reports that it is economic to store US oil on floating ships. These reports come amidst record high US oil stocks and a steepening WTI contango. This Insight considers the opportunity and implications of storing US crude oil on ships.
What's included
This report contains
Table of contents
Tables and charts
This report includes 2 images and tables including:
Images
- WTI contango
- Estimated storage leasing cost
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