Event News
Added Feb 26, 2021

Event highlights: Vortexa feature in Bloomberg's IP Week 2021 event

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Air, Land and Sea: Resurgent oil demand?

As the world prepares for a potential exit from the COVID-19 pandemic, the seaborne energy market is examining how to rebalance oil markets and what needs to be done to facilitate a speedy recovery.

Vortexa CEO Fabio Kuhn joined Bloomberg's IP Week panel discussion to discuss what demand recovery might look like across the commodities ecosystem in 2021. The panel industry experts included Roger Brown (VARO Energy), Natasha Kaneva (JP Morgan), Giovanni Serio (Vitol) and Alix Steel (Bloomberg). Together they explored a multi-phase recovery across geographies and the wider refining complex.

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The webinar focused on four critical areas:

  • Where did we end up in terms of Oil demand destruction by the end of 2020 and can some of the rebound we saw through the latter half of the year provide signposts for what to expect in 2021?
  • With robust economic growth expected for much of Asia, Europe and North America, will resurgent demand of Gasoil and Gasoline be undone by continued depressed interest in air travel?
  • As complex refinery margins remain below pre-pandemic levels, what are the prospects for through-put in 2021, dislocation of product output, and further consolidation of older units?
  • What insights can be gleaned from near real-tracking of product flows within and between regions globally?

Vortexa has conducted recent analysis addressing the above four content themes. Click any of our blogs and reports below to discover more. To see the previous months’ insights follow through to here.

 

February 2021

Altona’s refinery closure: implications on trade flows and freight
Snapshot: Europe to PADD 1 diesel flows remain buoyant
US Flows To Watch: February 2021
US LPG exports meet Asia’s burgeoning demand
Infographic: Global biodiesel trade poised for growth in 2021

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