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Extreme volatility in freight markets has granted owners of coated tankers the opportunity to maximise earnings given their ability to switch clean and dirty products.
Several countries across Asia are cranking up industrial activities amid the gradual lifting of travel restrictions.
Signs of gasoline import recovery in PADD 1 are insufficient to offset the demand loss from an annual perspective, highlighting the costs of the pandemic.
European diesel imports are on track to rise sharply in May as transport restrictions in the continent ease, paving the way for an uptick in consumption.
Register now for this 30 minute webinar covering the Asia-Pacific oil flows and trends, as lockdown restrictions are re-evaluated and markets begin to restore.
US crude exports to Asia in 1H May stand firm amid resilient demand in the region. This comes despite weak oil prices taking a toll on US drilling margins and production.
Join Vortexa America's Managing Director Clay Seigle as he answers critical questions regarding US exports, floating storage, and market trends using the Vortexa platform.
The global shift towards 0.5% sulphur bunker fuels (IMO 2020) at the start of this year was meant to herald a wide high-low sulphur fuel oil spread that would justify expensive scrubber retrofits.
US crude exports have held up through the effects of the global pandemic, despite US crude production drops.
Russian diesel exports flowed to the unusual storage location of Swedish caverns at a record pace in April, Vortexa data show.
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Vortexa Asia Pte. Ltd.
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