Jan 15, 2021
The US is poised to become an even more important driver of global oil and gas markets in 2021. With this in mind, Vortexa's Market Analysis team have cherry-picked the key trends to keep on top of the course of this year.
Let us know what you’re interested in:
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...
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.
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.
We sat down with our APAC Lead Market Analyst, Serena Huang to discover what inspired her to join Vortexa, what some of her biggest milestones have been to date and what she keeps an eye out for when searching for new members to join her team...
More CPC Blend could be sailing to Asia in Q1 2021 driven by demand weakness in Europe and tightening UAE crude supplies to Asian refiners
Ever wondered what a day in the life looks like at Vortexa for a Geospatial Data Analyst?! We sat down with Nat Day to find out what the first three things he does on a Monday morning are, which skills are needed to be successful and what his path was to joining Vortexa...
Ever wondered what a day in the life looks like at Vortexa for a Product Specialist?! We sat down with APAC's Rui Jie Teo to explore what success looks like, how a working week unfolds and what energises him most about his role...
Access the full suite of 2020 Vortexa special analytical reports that shone a light on key market trends and indicators across crude, refined products and freight markets.
Asia’s growing naphtha demand has outpaced arbitrage supplies in December, but higher exports from key suppliers should cap further upsides on naphtha cracks.
Real-time access of global oil tanker tracking data is key for more transparent and accurate oil market intelligence. Discover the key benefits tanker tracking offers to oil & gas industry players.
We sat down with our Senior Trading Specialist, Cosmo Kedros to discover what inspired him to join Vortexa, what is the most interesting aspect of his role and how he would really describe our company culture...
A cargo of Libyan crude is heading to PADD 5 for the first time in almost a year.
Explore freight markets forecast for 2021 based on Vortexa data.
On the 7th December, Vortexa are proud to be have been involved in the Tech in Commodities 2020, ran in conjunction with SWITCH 2020, delivering a panel with key industry leaders from Braemar ACM Shipbroking, Norden, and Windward
We sat down with our Head of Marketing & Design Sophie Hart to discover what inspired her to join #Vortexa, what makes her role so exciting and what she keeps an eye out for when searching for new hires...
On 9th December, expert analysts from Vortexa, Windward and C4ADS came together to discuss the impact of trade sanctions on oil and shipping markets. Watch the webinar on demand!
A comprehensive guide to the key oil trading themes to keep on your radar in 2021. Sit back and allow our expert team to take you on a trip around the world, through the lens of Vortexa's powerful historical and forward-looking cargo data.
Discover what day-to-day life looks like at Vortexa for a Lead Geospatial Engineer! We sat down with Ed Wright to explore what success looks like, how a working week unfolds and what energises him most about his role...
Floating storage told the story of the extraordinary moves in oil demand and supply in 2020.
Discover what our Product Lead, Shariq Manji keeps an eye out for when searching for new hires, how he sums up our company culture and shares his most significant milestones at Vortexa to date…
Vortexa sees a marked shift in French clean product flows in the aftermath of the country's recent nationwide lockdown.
For the month of Movember, we launched our very own 'Motexa'. So far, we have raised over £2,500 for critical charities to raise awareness around mental health issues and stimulate positive conversations around masculinity and manhood.
Singapore’s fuel oil market has reached one of its tightest periods so far this year amid on and offshore inventory draws.
Discover what inspired our Head of Market Research, Ayca Rodop to join Vortexa, what daily life in market research looks like, and what she looks out for in potential new hires…
LR tanker rates are rallying higher following a strong month of October-loading naphtha exports from the Mediterranean and the Mideast Gulf heading East, with the momentum set to continue in November.
How is Europe's diesel demand impacting current transatlantic flows? Are China's gasoil flows firming back towards pre-COVID levels? What's next for Australia, following refinery closures and rising diesel imports? Find answers to these questions and more.
Provocative title, but what does it mean? Let’s take a journey to get to the meaning, and how this impacts not only technology, but human behaviour.
Discover the key benefits of Vortexa's new net flows screen with an Infographic on US Gulf coast crude flows.
On 16th November, our Americas Analyst and Product Specialist team reviewed what the potential impact of the incoming Biden administration and 117th Congress will have on the global oil markets.
Vortexa are proud sponsors of this year's Reuters Commodity Trading Summit, held on 9-10 November. CEO Fabio Kuhn and Managing Director Clay Seigle both participated in the event with leading industry players.
Discover what our Head of Revenue Ops & Analytics, Gitanjali Bhattacharjya loves most about her role, where she thinks the company will be in five years’ time and how she sums up our company culture…
Australia’s refining sector has been dealt another blow by BP’s recent announcement to shut its Kwinana refinery in Western Australia, and convert it into an import terminal by early next year.
This report brings together Windward intelligence and Vortexa data on maritime risk factors, dark movements, vessel specifics and cargo flows in a case study examining the risk posed to the global maritime fleet of association with the Venezuelan oil trade.
Discover what Vortexa's Head of Predictions and Market Modelling, Gustavo Sato dos Santos looks out for in new joiners and what have been his most significant milestones at Vortexa to date...
Discover the key benefits of Vortexa's new net flows screen with an Infographic on European diesel flows.
US gasoline/blending components imports into its Atlantic coast (PADD 1) are set to fall to the lowest weekly total seen in months, for the DoE week ending 6 November.
Discover what Vortexa's Head of People & Operations, Jessica Irvin thinks the biggest motivator is for new joiners, why the business is such a unique place to work and what she really thinks of 'logging off' at the end of the day...
On the 29th October, the global Vortexa team came together to discuss the middle distillates market, taking stock of the market from both sides of the pond, from Europe to America.
We shine the spotlight on net flows of diesel and gasoline within the Mediterranean region.
A curious journey into the world of geohashes and microprocessor caches, where code can be made to run faster without changing it.
Clay brings 22 years of experience in the oil and gas industry and specialises in oil market intelligence. We wanted to discover what inspired Clay to join Vortexa, what key qualities he looks for in new hires and what his tips & tricks are for establishing a healthy work-life balance...
The global build of unemployed tonnage is the cause of recent the weakness and a bleak outlook in clean tanker freight markets, as evidenced by a month-on-month drop in freight rates across 4 out of 5 routes analysed.
In this notebook, we look into fuel oil supply levels, variable floating storage definitions, slowing 2020 journey times, and the likelihood of a vessel’s availability for spot chartering using Python SDK.
Australia’s Lytton and Geelong refineries are being threatened with permanent shutdown as the compounding impact of the pandemic on oil demand drags on. We postulate the changes on crude and refined products flows if the refineries shut.
A look into one of our latest releases, the Voyage Calculator. Vortexa’s Voyage Calculator computes estimated distances, times and speeds for routes between ports, or between a selected vessel and a port. Read this article to see how it works.
We wanted to drill down into what our CTO, Maksym Schipka really thinks of our culture, what he looks for in new hires and where he predicts the company will be in five years’ time...
Sometimes writing your own algorithm out-performs a library by 3 orders of magnitude
We examine how Alaska’s jet fuel market has run against the wider global trend of persistently weak demand.
Vortexa’s CEO Fabio Kuhn delivered a presentation on Scaling Human Energy Market Expertise with AI, as part of ZE Powergroup’s Global Tech Summit. In the presentation, he discussed the digitisation of the industry and how this affects making faster and smarter trading decisions.
The partnership will enable tanker charterers, shipping companies and other global maritime stakeholders to evaluate and select vessels more quickly and accurately after assessing maritime risk.
Our expert speakers Cosmo Kedros and Serena Huang discussed how low sulphur fuel oil (LSFO) markets have been dramatically reshaped in 2020 in our webinar hosted on 30 September.
In celebration of Black History Month, Vortexa met with Oliver Hypolite-Bishop; a political and social commentator and writer with a particular focus on the challenges of race, racism, class and inequality within Britain, to learn more about the history and successes of the black community.
Vortexa Lead Freight Analyst, Arthur Richier, discussed the future of green shipping in his presentation, discussing topics such as IMO goals, and the challenges and available solutions for global tanker fleets and alternative fuels.
Crude tanker freight markets remain a prisoner of challenging circumstances, even as the seasonally strongest quarter of the year is upon them.
As the US northeast (PADD 1) heads into the winter season, one factor on the minds of diesel market participants is will the change of seasons drive a change in flows?
Asia's low sulphur fuel oil market is expected to tighten in Q4 2020. Global refinery runs and OPEC+ production levels are key signposts to watch for.
ZE PowerGroup Inc. (ZE) is entering into a partnership with Vortexa Ltd. to make physical energy cargos and flows data available to its clients in the energy, finance, shipping, and infrastructure industries.
Using Data Science to create unprecedented visibility into energy markets and make the world slightly better.
Diesel/gasoil exports from the US Gulf coast (PADD 3) in September are set to register the largest month-on-month decline seen since April.
The diversion of a gasoline blending component cargo away from the New York hub could foreshadow a weaker transatlantic pull for European gasoline/blending cargoes in coming weeks.r.
US Gulf coast gasoline exports have been seeking alternative markets in the region in recent weeks, beyond top markets Mexico and Brazil.
An uptick in gasoline loadings from Europe to West Africa since the beginning of September, compared to a calm summer has led to a strengthening of freight rates in the clean tanker market for LR1s.
Founded in 2016 by industry leaders Fabio Kuhn and Etienne Amic, Vortexa is a specialised oil analytics firm, using its proprietary technology to supply real-time market data and insights. Co-founder Fabio Kuhn tells HC Insider about the company and its ambitious growth plans.
This is the second article of this series, outlining how to think about data processing code in the Python world, and more specifically, how we can improve our code performance while writing legible, maintainable, production-quality code.
In this article, our Head of Data Services focuses on different practices to make sure that our data can be trusted, how we keep it recent and always accessible by adopting the mindset of site reliability engineering.
A second wave of diesel floating storage is now underway, as expectations grow for a further build.
Stay up to date on the ramifications of China’s long-standing port congestion, discover why Singapore’s fuel oil arbitrage flows from Europe and South Americas are in decline and get to grips with why Asia’s crude floating storage levels could be primed for resurgence.
Part 2 of our Python SDK demonstration series, our Lead Market Analyst looks into using the SDK to extrapolate data on China clean products exports by top destinations.
In this video, our Lead Market Analyst, Serena Huang, provides a comprehensive demonstration of how to use the Vortexa Python SDK to pull data on Chinese product exports.
The effects of Hurricane Laura, which made landfall on the US Gulf coast on 27 August, continue to be felt in the flows of energy commodities out of facilities in or near the path of the storm.
Persistently lower Black Sea crude loadings over July-September, compared to more buoyant export levels in the first half of the year, continue to weigh on the regional tanker market rates.
US crude loadings to China are en course to reach a 4-month high in September, as more bookings emerge along the route for October.
The iconic American activist Verna Myers once said, ''Diversity is being invited to the party, inclusion is being asked to dance.'' In this blog, Vortexa discusses what diversity means to them, how it impacts individual roles and why it forms just an essential element of the business.
How is clean products floating storage faring globally, and what regional dynamics can we see?
In the wake of Hurricane Laura, we look at the impact of on vessel availability in the clean and dirty fleet segments in the US Gulf coast.
Infographic on India's recent clean petroleum product exports since the onset of covid-19
Reduced gasoline imports and lower local refinery production have led to a large deficit in the total volume of gasoline supplied to PADD 1 during the driving season this year vs. 2019.
Explore top 10 trends currently shaping the tanker freight market. From utilisation rates to product imports, discover what most risks impacting fundamentals today, according to Vortexa data.
On 27 August, our US Analyst & Specialist team looked into the trends of the gasoline market in the US, the market reaction to the pandemic, and what recovery we can see coming in the second half of 2020.
US crude exports fell slightly month-on-month in August, but are still up 20% from last year.
The number of tankers used for crude and products floating storage activity around the world is down by 36% from two and a half months ago.
Utilisation rates for Very Large Crude Carriers (VLCC) fell to 44% in August, their lowest level this year following stymied global demand recovery for crude and a significant loss of cargoes compared to 2019 levels, according to Vortexa data.
Singapore’s fuel oil floating storage inventories saw a 1.1mn mt drawdown over the last four weeks, reaching 4.2mn mt as of 17 August, the lowest since February. Read on to discover why.
A comprehensive comparison of the products that we offer to our customers such as our API, Excel add-in, and Python SDK. Discover the benefits of our systems to decide what best works for you and your company.
South Korea’s jet fuel exports to the US West Coast (PADD 5) rose to 115,000 b/d in July, the highest in at least four years, according to Vortexa data. This follows improved arbitrage economics after an uptick in PADD 5 jet fuel prices and falling clean tanker rates in June.
Gasoline and blending component exports from northwest Europe and the Mediterranean rose on the month to 1.24mn b/d in July, the highest monthly total since March. This underlines rising refinery runs from European refiners amid stronger regional demand.
US crude and condensates exports rose sharply in July to 3.2mn b/d, up by 22% from the previous month and 28% year-on-year.
Tightness in global heavy-sour crude markets has led to narrowing differentials for these grades against Brent in recent months, despite weaker demand sentiment in the overall crude complex in the wake of the pandemic.
Diesel and jet fuel loadings onto newbuild VLCCs have hit a year-to-date peak in July. Rising cargo volumes aboard VLCCs reinforce the view that east of Suez traders recently become increasingly keen on loading cargoes for longer haul journeys, potentially for floating storage.
Register now for our Freight webinar, discussing the tanker markets downfall in H1 2020, and the key drivers for the market today. Presented with Braemar.
Saudi Arabia's fuel oil imports typically rise towards the peak power demand season in summer, but early indications so far in Q3 2020 point to a more subdued seasonal uptick compared with prior years.
A look into the journey of one of our analysts learning Python and implementing his skills with the Vortexa SDK.
The first in a two-part series of articles outlining how to think about data processing code in the Python world, and how we can improve our code performance while writing legible, maintainable, production-quality code.
Aframax tankers trading in the Mediterranean are entering a period with rates at multi-year lows, amid low cargo volumes and a build in surplus tonnage. We investigate the current state of the Aframax Mediterranean market and look to where it is heading through Vortexa data.
On 14 July 2020, we held a webinar discussing the dynamics of US crude exports to China and what predictions we can make from the data. Watch on demand now.
Global diesel arbitrage flows are shifting as the pace of demand recovery and inventory draws vary across regions. We highlight the key global diesel trends across Europe, Asia and the Americas.
Crude exports from the US port of Corpus Christi have dominated Houston's exports in the past ten months on the back of increased connectivity to the Permian and Eagle Ford basins.