Oil storage news

The US EIA estimates crude oil inventories in China increased by about 900 000 bpd between January and August 2025, essentially acting as a source of demand by removing barrels from the global markets.

Falcker, and Vopak have signed an agreement for worldwide deployment of Falcker's advanced tank inspection platform.

Tranmere terminal, UK, has welcomed the Eagle Venice, a very large crude carrier (VLCC) – one of the largest vessels to visit the terminal.

Exolum has embarked upon the process for authorisation for the construction of a new terminal for storage of bulk liquid at the Outer Port of A Coruña, on the Punta Langosteira dock, Spain.