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Don't remind me again today

Russian crude exports? Still flowing at over 3 million barrels daily. But here's the twist—more than 180 million barrels are floating in limbo right now.



Sanctions aren't cutting supply. They're just gumming up the works. Buyers are hesitant. Voyages stretch longer. Ships turn into floating storage.

The barrels will find homes eventually—just at steeper discounts and with messier logistics. Classic supply disruption playbook: the oil moves, but the friction shows up in spreads and delivery times.

Anyone tracking energy-linked assets should watch how these bottlenecks ripple through pricing structures.
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GateUser-bd883c58vip
· 12-02 19:56
Wow, 18 billion barrels floating in the ocean? This logic is ridiculous!
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GateUser-c799715cvip
· 12-02 19:55
1.8 million barrels of floating oil? How long will it take to digest this, and how low can the discount go?
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FlatTaxvip
· 12-02 19:54
1.8 billion barrels are floating at sea, how difficult must this business be? 2. Who pays for the floating warehouse costs? In the end, it's still the consumers. 3. Using oil tankers as warehouses is truly incredible... it's a bit like the state of my Wallet. 4. Sanctions didn't eliminate supply, they just added congestion to logistics, a classic tactic. 5. Discounts are getting harsher, sooner or later they'll hit the Spot.
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BrokenDAOvip
· 12-02 19:48
A stranded barrel, a stranded ship, a stranded game. Really tried hard, huh, the sanctions side.
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