Why Crude Oil Is Piling Up at Sea While Land Stocks Drop

StoneX4 hours ago1:38

Global oil inventories on land fell by over 100 million barrels in a single month, yet crude stored on water jumped by nearly the exact same amount. What's causing this strange divergence? In this clip, Alex Hodes, Director of Energy Market Strategy at StoneX, explains why sanctions, buyer hesitation around Iranian crude, and export flows are stranding barrels at sea. Watch the related full-length video for the complete analysis of global energy flows, IEA inventory data, and price drivers. #CrudeOil #EnergyMarkets #StoneX #OilTrading #OOTT #GlobalTrade #Commodities

Trading stocks, CFDs, spread betting, futures, and options involves a high level of risk and may not be suitable for all investors. Prices can move rapidly, and losses can occur quickly and exceed your expectations.