← Back to Blog

Closing Stocks

Closing Stock Represents the primary stock level at the end of the month within national territories; includes stocks held by importers, refiners, stock holding organisations and governments. Stocks are a leading indicator of price movements: the level of oil stocks often determines the price, e.g. when oil stocks are low, it means that there may be a shortage or a need for replenishing, which indicates that prices will be rising. On the other hand, if the industry is amply supplied with the right oil, there may be a price reduction expected. This is why it is important to have information on the situation of oil stocks in the world....

Please log in to view
the rest of this report.

Not yet a subscriber?
Contact us today!

If you do not yet have an account with us and would like to register or find out more, please contact us using our client services form, send an email to admin@petrologica.com or call us on +44(0)1206 823 295.

by Yue Pan // 25 February, 2015

←   Back to Blog