Storage Outlook 2026: Exolum

Carlos Molina, commercial network lead at Exolum, looks at what’s in store for 2026 in the tank storage industry  Throughout 2025, the price structure of petroleum products has generally been characterised by backwardation, which has limited time-spread trading activity and encouraged operators to optimise their working capital. Nevertheless, the market remains subject to significant uncertainties that could reverse this situation. In the short term, the war in Ukraine continues to be a major source of uncertainty, resulting from sanctions, damaged assets and disruptions to trade  flows. In addition, the balance between oil supply and demand remains fragile: supply has stayed strong, while demand growth has been more moderate. Moreover, although […]