Christos Krigkou
Go back to the analysts

Christos Krigkou

Christos is an Associate Data Analyst at Vortexa, working closely with the Market Intelligence & Analytics Team. By supporting research and analysis tasks related to crude flows and using internal tools and processes, he helps maintain data quality, spot market trends and, draw key insights.
Christos holds an MSc in Chemistry from Imperial College London.

Interests:
  • Data analysis
  • Global crude flows and inventories
  • Sanctioned trade flows
Contact
Crude
January 24, 2023
Favorable tailwinds developing for US seaborne…
US crude exports are expected to remain strong, as indications of demand from refiners in Asia surface along with the existing pull from Europe.
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Crude
January 19, 2023
Russia overcomes EU ban with record-high…
Russia exported record-high volumes of crude to India in 1H January, facilitated by tonnage supply from existing and incumbent shipowners.
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Products
January 18, 2023
Rising global diesel exports ease diesel…
As Europe secures alternative supplies of non-Russian diesel, Russian flows rise towards non-EU destinations
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Crude
January 12, 2023
Exclusive report: Iranian crude & condensate…
What were the highs and lows of 2022 for Iranian crude & condensate exports? Download our exclusive report with insights derived by our expert…
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Crude
January 11, 2023
China’s oil quotas strike balance between…
China's recent allocation of oil quotas signals Beijing's intention to accelerate economic recovery whilst sticking to its longer-term goal of controlling emissions.
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Products
January 10, 2023
Massive global product exports herald easing…
World product exports have been surging over the last two months, pointing to ample refining capacity and easing supply pressure. Whether the demand is…
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Freight
December 22, 2022
Crude Tankers: 3-tier fleet reveals itself…
What are the first signs of the tanker profiles that have surfaced in the transportation of Russian crude post-EU sanctions?
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Crude
December 20, 2022
What does 2023 hold for the…
2023 is shaping up to be a tough year for the oil market but China's re-opening could cushion the global demand slowdown in the…
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Products
December 13, 2022
US buyers replace Russian residual fuel…
US buyers have managed to replace Russian residual fuel imports with barrels from Mexico and Middle East to run their secondary units hard.
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Crude
December 05, 2022
China’s crude imports to slow down…
China's crude imports are on-track to achieve steady rise till the end of the year. But will the upbeat momentum last into the new…
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Products
November 24, 2022
LPG’s demand recovery faces tough headwinds
LPG's much anticipated demand recovery has arrived but soaring tanker rates and weak petrochemical demand are capping the pace of recovery.
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Crude
November 23, 2022
Q&A: Russian EU sanctions and shipping…
As we approach the 5th December deadline, we are attempting to shed light on 10 key questions and distil the determinants that could influence…
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Freight
November 17, 2022
Mid-Q4 2022 Freight Market Review
While the crude tanker market continues its rally and the clean market lags, Russia’s approach to the oil price cap will shape freight rates…
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Crude
November 16, 2022
Global diesel pricing – bull or…
While a flood of East of Suez diesel imports has improved Europe’s positioning for the upcoming winter, Russia-Europe flows are rising again ahead of…
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Freight
November 10, 2022
The shipping logistics behind reshuffling Russian…
Russian crude exports are having to travel farther as the country redirects flows to “friendly” nations. In this insight, we assess the implications for…
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Products
November 01, 2022
US clean product flows mixed amid…
October data suggests a slowing of of clean product flows even as diesel cracks remain strong and PADD 1 distillate stocks fall below average
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Products
October 27, 2022
Asia’s appetite for Russian fuel oil…
Global fuel oil markets are undergoing a major structural shift as Russia, the world's top exporter of residual fuels, seeks alternative outlets for its…
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Products
October 25, 2022
The gap between diesel and light…
Vortexa trade flow data shows a consistent trend over recent months of rising diesel and falling light distillate imports. That is particularly true for…
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Crude
October 21, 2022
Vortexa Global Webinar: Key highlights
Vortexa’s analysts hosted a Global Webinar on 20 October offering their views on leading questions from the industry.
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Freight
October 06, 2022
EU shipping ban to be the…
As the EU policies against Russia loom, we explore the the impact of trade flows reshuffling and the EU shipping ban on freight markets.
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Crude
September 27, 2022
Falling CPC Blend loadings weigh upon…
In this insight we explore the latest trends with CPC Blend loadings and its impact upon crude supply in the wider Black and Capsian…
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Crude
September 22, 2022
China to issue a massive batch…
Market discussions that China could be issuing up to 15mt of additional clean product export quotas for the remainder of this year have sent…
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Crude
September 22, 2022
China’s comeback lifts VLCCs, recent announcements…
China’s rebound in purchasing amid a much more ample global crude market lifts VLCC rates across all fronts, with much higher anticipated clean product…
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Company
September 15, 2022
Key takeaways from Energy Day at…
On 14 September, together with our partners from Rystad Energy and Argus Media, we showed over 150 slides to our highly engaged audience (thank…
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Crude
September 13, 2022
Slowing fuel demand takes its toll…
A slowing fuel demand amidst global recessionary fears has impacted US crude/condensate flows taking August imports to 4-month lows.
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Crude
September 12, 2022
Iran Special Report: The difficulties of…
Explore the dynamics of Iranian crude/condensate exports so far this year, with highlights of onshore inventories and freight shipping markets.
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Freight
September 06, 2022
Clean tankers: LR2s in a position…
Russia’s invasion of Ukraine has shifted diesel trade patterns and the clean tanker segment, but LR2s seem to be in a strong stance.
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Products
September 01, 2022
What goes up, must come down.…
Low sulphur fuel oil (LSFO) prices have traded lower in August, coming a long way down from previous record highs but upside risks prevail…
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Freight
August 25, 2022
Crude Tankers: Russian Invasion sets the…
Russian-Ukranian conflict managed to shift the crude tanker trade patterns, however Chinese purchasing activity is and will remain a barometer for tanker recovery.
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Crude
August 18, 2022
Are China’s crude imports on a…
China’s refining industry has been languishing amidst sluggish demand and thin margins since March. Is a long-awaited recovery in sight?
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Crude
August 16, 2022
LatAm crude/condensates exports slow in August…
Latin American crude/condensates exports are showing signs of a slowdown in August as high diesel cracks divert more crude to domestic refineries.
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Freight
August 04, 2022
Europe’s crude tastes could leave Suezmax…
What is the current state of the Suezmax tanker market and how European appetite and regulation could shape the future?
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Freight
July 28, 2022
New realities are emerging for CPP…
How is CPP tanker demand shaping up in Q3 2022 and what does this tell us about the freight rate outlook?
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Products
July 27, 2022
Global oil demand falters as inflation…
Global oil demand is showing signs of cooling after several months of rally. We explore the leading market indicators and what this means for…
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Products
July 20, 2022
Russia redirects its residual fuel oil…
As Russian redirects its residual fuels to the East, traditional western buyers are soaking up replacement barrels from all over the world, including heavy…
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Freight
July 14, 2022
VLCC freight rate recovery challenged by…
VLCCs have had a tough first half in 2022, with increasing vessel supply and weak crude demand in East Asia keeping earnings well below…
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Crude
July 13, 2022
Global gasoline supplies reach seasonal highs…
Global refineries are running at maximum capacity and unless faster demand destruction takes place versus the supply decline, we can expect net inventory builds…
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Crude
July 12, 2022
Global crude/condensates liftings fall in June…
Global seaborne liftings fell, while arrivals of crude/condensates were flat m-o-m in June, reinforcing limited global spare capacity concerns.
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Freight
July 07, 2022
Will dark voyages take the spotlight…
With a series of sanctions and bans affecting Russian oil exports, how has the dark voyage landscape changed and what does that tell for…
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Crude
July 05, 2022
India’s refiners face headwinds after months…
India's refiners have been riding the waves of soaring refining margins over the past months but the tides could be turning soon.
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Freight
June 30, 2022
Newbuild VLCCs & Suezmaxes: Different year,…
As the first half of the year draws to a close, Vortexa takes a look at the behaviour of newbuild supertankers and influencing factors.
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Crude
June 28, 2022
Russian crude in transit at record…
Russian oil in-transit is hitting record highs, driven by the need to send barrels to the East, and is inspiring new shipping practices. Meanwhile,…
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Crude
June 23, 2022
Libyan crude supply disruptions and the…
Libyan crude oil supply has taken a dent in recent weeks as a result of disruptions at key export and production sites. This insight…
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Crude
June 22, 2022
US crude exports to Europe remain…
US seaborne crude/condensates loadings for Europe have remained elevated since April but as this has firmed, so too has the trend for more barrels…
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Freight
June 21, 2022
Clean MR tankers show early signs…
Clean MR freight rates in the East of Suez are rising in unison of late, while those in the West are more volatile, moving…
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LNG
June 16, 2022
LNG portfolios turn to one year…
Missing Freeport LNG supplies are starting to cool the spot shipping rates but LNG charterers are still seeking options to mitigate hikes in volatility and…
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Crude
June 15, 2022
A bumpy road to recovery for…
China’s refining sector is recovering from a Covid-related recession amidst a series of push and pull factors, however, the road to full recovery will…
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Crude
June 14, 2022
Will crude now catch up with…
The reason for high fuel prices is a lack of global refining capacity rather than a perceived lack of Russian supplies, and the cure…
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Crude
June 09, 2022
Global crude/condensate loadings edge higher in…
Global seaborne loadings of crude/condensates edged higher m-o-m in May as an uptick from Saudi Arabia and UAE, and a recovery in Nigerian loadings…
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Products
June 08, 2022
Nowhere but storage for naphtha amid…
A rising volume of naphtha is building up in storage terminals in the ARA region and Singapore as demand for the petrochemical feedstock wanes.…
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Products
June 07, 2022
High-sulphur fuel oil arbitrage flows reverse…
In a trend that’s likely to stick, rising Russian fuel oil flows to East of Suez markets have weighed on Asia’s HSFO markets in…
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Freight
June 02, 2022
Special report: Alternating fates for dirty…
Explore the dynamics currently dictating the dirty and CPP tanker markets, focusing on regional stories developing in both hemispheres of the world.
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Crude
May 31, 2022
North African crude supply in the…
North African crude supply has seen shifts in recent months, largely driven by fresh protests in Libya and the displacement of Russian Urals in…
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Products
April 21, 2022
Fuel oil markets brace for further…
Global fuel oil prices are set to strengthen over the coming months being faced with a double whammy of rising demand and tight supplies.…
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Crude
January 25, 2023
New key locations emerging for Russian…
As the world adjusts to new trade flows of Russian crude oil, we at Vortexa see an increase in ship-to-ship transfer activity (STS), at…
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Christos Krigkou
Christos Krigkou
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