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Rotterdam's Growing Oil Storage Fraud Problem Is Costing Traders Millions | OilPrice.com


Rotterdam’s Growing Oil Storage Fraud Problem Is Costing Traders Millions | OilPrice.com




































Tsvetana Paraskova

What I Cover
Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,…

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By Tsvetana Paraskova – Jun 11, 2026, 6:00 PM CDT

  • Fraudsters are using fake websites, forged documents, and AI-generated impersonations to sell non-existent oil storage and inventories at the Port of Rotterdam, costing traders millions annually.
  • The scams, known as storage spoofing, have operated for around 15 years and reportedly generate at least $11.5 million in annual losses, with fraudulent deals worth up to $2.9 billion reported in…

CLICK HERE to read the FULL Rotterdam's Growing Oil Storage Fraud Problem Is Costing Traders Millions | OilPrice.com article.

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