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.

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  • Document

    WTI floating storage: Not so fast

    PDF 260.07 KB

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Tables and charts

This report includes 2 images and tables including:

Images

  • WTI contango
  • Estimated storage leasing cost

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