Explore Q1 2021 freight market update based on Vortexa data.
A breakdown of the impact on oil, freight and flows in the aftermath of the Suez Canal blockage.
Which Texas clean product export terminals were impacted the most during the freeze? Our infographic details the terminals with the largest weekly export volatility and who is recovering the quickest.
Australia's Altona refinery closure is expected to raise the country's refined product imports, with supplies from Exxonmobil's Singapore refineries. MR tanker freight rates to receive support from additional demand for the route.
European diesel/gasoil exports to PADD 1 in February are set to approach record highs seen in November amid tepid European demand and a cold snap in the US northeast.
We put the spotlight on the key US crude and product net flows to watch.
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.
Asia’s growing naphtha demand has outpaced arbitrage supplies in December, but higher exports from key suppliers should cap further upsides on naphtha cracks.
Explore freight markets forecast for 2021 based on Vortexa data.
Floating storage told the story of the extraordinary moves in oil demand and supply in 2020.
Vortexa sees a marked shift in French clean product flows in the aftermath of the country's recent nationwide lockdown.
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.
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.
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.
We shine the spotlight on net flows of diesel and gasoline within the Mediterranean region.
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.
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.
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.
A second wave of diesel floating storage is now underway, as expectations grow for a further build.
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.
Infographic on India's recent clean petroleum product exports since the onset of covid-19
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.
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.
Sweden returned to the position of a net diesel exporter in June, amid improving European diesel consumption. Waning storage economics in the northwest European diesel market curbed the unusual flow of Russian diesel that moved into Swedish storage terminals observed over April-May.
The share of US LPG exports heading to Asia rose in the first half of the year, offsetting a drop in transatlantic flows. Looking ahead, the momentum of US exports to China in particular will hinge upon the competitiveness against rival Middle East producers.
Fuel oil floating storage became a key feature of the global oil market even before the more recent pandemic-driven explosion in offshore crude and clean products inventories.
Diesel imports into the US Atlantic Coast (PADD 1) are on track to surpass 900,000 mt in November, according to preliminary data by Vortexa.
Diesel exports from Indian public sector undertaking (PSU) refiners were observed at multi-year highs in October, Vortexa data show.
Primorsk diesel exports touched a multi-year low in September on the back of planned refinery maintenance, as northwest Europe drew more strongly on USGC volumes.
China’s growing refined product exports—mainly gasoline, jet/kero and diesel types—have kept the regional market across Asia well-supplied this year.
Seaborne loadings of diesel and gasoil from Russian Black Sea ports in week 29 rose to the highest weekly level since at least the beginning of 2016.
Waterborne diesel and gasoil imports into the ARA region rose in June to their highest level since January 2018.