Is China's appetite for US crude sustainable?

Vortexa Online event
Vortexa Tues, 14 July 2020
Speakers

On 14 July, we held a webinar discussing the dynamics of US crude exports to China and what predictions we can make from the data.

Joined by Product Specialist Conor Stone & Lead Market Analyst Will Holeman, you can now watch the webinar on-demand below.

screenshot-docs.google.com-2020.07.14-20_38_25

Topics covered:
  • US crude export markets & fundamentals
  • Refinery runs
  • Specific flows to East Asia and China
  • Imports from a Chinese perspective
  • Freight implications
  • Tanker fundamentals
  • Looking to the future
Key Takeaways:

Conor and Will outlined three key messages to take away from the webinar:

  • US crude fundamentals are shifting through the balance of the year likely to create challenges for exports.
  • The spike in US crude exports to China was primarily opportunistic and arbitrage-driven supported by favourable fundamentals.
  • There may be some unique opportunities given VLCC freight is likely to remain pressured going forward

To experience the data used in the webinar and more, please get in touch with us and request a demo of the Vortexa platform today.

Free event
Watch on demand

The latest news

Jan 15, 2021
People & Culture
blog-events
name
Listing_Summary-Vortexa_July2019

Ever wondered what a day in the life looks like at Vortexa for a Digital Marketing Executive?! We sat down with Martyna Barysaite to discover what winning qualities you need to succeed, who she collaborates most with in the company and how she ended up working at Vortexa...

subscribe_insight-form
blog-tag
location
banner_bg
getintouch-section
post_body
Jan 14, 2021
Oil & Gas
blog-events
name
Listing_Summary-Vortexa_July2019

Several gasoline and diesel cargoes have diverted away from the US East coast hub of New York Harbor so far this month, suggesting a current surplus in PADD 1 that could prompt prices to recede.

subscribe_insight-form
blog-tag
location
banner_bg
getintouch-section
post_body
Jan 13, 2021
Oil & Gas
blog-events
name
Listing_Summary-Vortexa_July2019

Fuel oil and dirty feedstocks exports (DPP) to the US from the FSU region are on track to fall sharply in January, preliminary Vortexa data show.

subscribe_insight-form
blog-tag
location
banner_bg
getintouch-section
post_body

Get in touch today for a free trial