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3 Pages

WTI floating storage: Not so fast


WTI floating storage: Not so fast

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 includes 1 file(s)

  • WTI floating storage: Not so fast PDF - 260.07 KB 3 Pages, 0 Tables, 2 Figures

Description

This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

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  • WTI floating storage: Not so fast

In this report there are 2 tables or charts, including:

  • WTI floating storage: Not so fast
    • WTI contango
    • Estimated storage leasing cost
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