Bulletin Updates

Record 8 MMT of crude line up: Offtake is slowing down – 10 May 2021

May 10, 2021

We are approaching a record 8 MMT of crude lineup.

This is an unprecedented figure, a full 1 to 1.5 million higher than the normal inventory of line up

Clearly, vessels are either on slow streaming or on hold from port of sailing because at the ports, there seems to be no congestion

So the port side management seems to be quite good as of now even as inventory lineup mounts

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