Global oil storage capacity in 2017 was 1,349,235.3 mcm. Sungaipakning (Indonesia), Freeport V (United States), West Hackberry (United States), Big Hill (United States) and Bayou Choctaw (United States) are the largest oil storage terminals of the world.

The global oil storage capacity increased from 1,249,537.6 mcm in 2012 to 1,349,235.3 mcm in 2017 at an AAGR of 1.5%. It is expected to increase from 1,349,235.3 mcm in 2017 to 1,424,717.5 mcm in 2022 at an AAGR of 1.1%.

Global Oil Storage Industry Outlook to 2022 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals is a comprehensive report providing information on storage terminals that store crude oil, petroleum products and chemicals worldwide. The report provides terminal name, operator name, commodity stored and storage capacity for all active, planned, announced, suspended, and decommissioned oil storage terminals in the world by region and country for the period 2012–2022. Planned and announced (new build) storage terminals capacity additions and existing capacity expansions by region and key countries in a region was also been included.