One would store a commodity if one thought it could be sold at a higher price in the future. Companies across the globe are storing oil including on parked tan

One would store a commodity if one thought it could be sold at a higher price in the future. Companies across the globe are storing oil including on parked tankers. Here is some data for US storage: https://www.eia.gov/petroleum/supply/weekly/ https://www.eia.gov/petroleum/supply/weekly/ However, crude and distillate storage capacity is much smaller than consumption and production.