Picture taken August 7, 2019. It looks like Russia has displaced Saudi Arabia to clinch the top spot this year, said Serena Huang, analyst at Vortexa. It looks like Russia has displaced Saudi Arabia to clinch the top spot this year, said Serena Huang, analyst at Vortexa. The rest is made up of commercial stocks owned by national refiners and independent firms, as well as inventories for refining operations. It takes about a month for cargoes to be shipped.
This is an August report.
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This is an August report .
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