Oil Demand, Storage and Diversions in Jet Fuel & Gasoline

Vortexa

Online event

Vortexa Tues, 7 April 2020
Speakers

The Vortexa analyst team delved deep into the impacts of the Covid-19 pandemic on global jet fuel and gasoline flows in their webinar hosted on 7 April.

wevinar

Key topics covered:

 

Jet Fuel

00:00:00 - 00:16.29 Vortexa senior market analyst Jay Maroo on the key events of jet fuel markets in Q1: how demand was expected to unfold going into the quarter, the global reach of the jet fuel demand drop and a discussion around the potential for jet fuel floating storage

Gasoline

00:16:29 - 00:29:14 Vortexa head of strategy Paulo Nery on recent trends in global gasoline and blending component flows; the latest demand and inventory conditions in the US market, with a case study in European gasoline outflows to west Africa. 

Key takeaways

  • Post-demand crash, jet fuel and gasoline now face storage problem
  • We’ll likely see more diversions and some floating storage build
  • Watch out for location of floating storage; where refiners cut runs, and where runs return to normal first
Free event
Watch on demand

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