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floating storage
’Is floating storage being restocked?
EIA stock data is out:
All of the above suggests one thing to us: floating storage may have been restocked last week and not – as some reports have suggested – offloaded due to a dissipating contango.
The big floating storage debate
The issue of floating storage is causing a spirited debate within the energy trading community.
You see, time-spreads are improving — in energy speak that means the curve is flattening, and the contango is abating.