Thursday, July 18, 2019

Saudi Arabia Crude Oil Storage -- July 18, 2019

From twitter, source not linked:


In very round numbers:
  • US storage: 500 million bbls
  • Saudi storage: 250 million bbls
  • global demand: 100 million bbls/day
  • daily production:
    • US: 12 million bopd
    • Russia: 11 million bopd
    • Saudi Arabia: 10 million bopd
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