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Currently global oil inventories are still at a high level

 Last Update: 2022-07-01
 Source: Internet
 Author: User

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At present, global oil inventories are still at a high level:

①At present, the economy of floating warehouses is still the focus of the market.

②According to Platts, traders who have begun to stock oil in the second quarter are seeking to extend the six-month tanker lease to avoid selling spot crude oil during the off-season of market demand;

③We believe that the biggest concern of the current market still comes from the expectation of the second outbreak of the epidemic.

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