ARA Crude Inventories Increase, Reversing Previous Week Decline

Crude inventories in the ARA region increased 3.54mbbls for the week ending Dec 30, reversing much of the decline seen the previous week according to the latest Genscape data.

• Total ARA stocks are now back up above normal at 55.85mbbls compared to the five-year average of 54.59mbbls.

Source: Genscape / Bloomberg