News & insights

Stay on top of the waterborne oil & gas industry with Vortexa. Our insights share expert information from energy market analysts across the globe.

Sep 23, 2021
Freight
LR2
Crude
China
West Africa
CPP / Clean
Diesel
Asia
VLCC
Freight
OPEC
MR tankers
LR1
East of Suez
Freight Rates
Decarbonisation

Having one eye set to analytical insights and the other on industry events, Vortexa provides a brief outlook on the shipping industry’s future. It seems that the tanker sector will need to surf high and wild waves, both in the short and the long term.

Sep 23, 2021
Oil and Gas
US
Crude
CPP / Clean
Diesel
Gasoline
VLCC
Freight
OPEC
refined products
refinery

Vortexa provides an assessment of the impacts of hurricanes Ida and Nicholas on PADD 3 product and crude flows. Crude imports appear to be in for the greatest impacts. 

Sep 22, 2021
Event News
Webinar
Crude
Oil & Gas
VLCC
Freight
Event News
refined products

In this webinar, Vortexa’s Senior Freight Analyst Arthur Richier and Freight Analyst Ioannis Papadimitriou deep-dive into whether optimism for recovery is well-placed, or if market fundamentals are likely to falter and the carefully stacked house of cards is likely to topple. 

Sep 8, 2021
Oil & Gas
Crude
West Africa
VLCC
Freight
OPEC
Suezmax
East of Suez

West African crude exports fell to a record low in August, underlying the acceleration of a structural decline that can be traced back to back to early 2020.

Aug 25, 2021
Event News
Crude
Oil & Gas
Event News
refined products

On the 24th August, Vortexa's US Team discussed Vortexa’s proprietary data and utilising it to anticipate what’s next for time spreads, locational arbs and product differentials.

Aug 19, 2021
Oil & Gas
US
Crude
China
Oil & Gas
Europe
Non-OPEC
OPEC
refinery
East of Suez

The WTI market is set for structural weakness as rising West of Suez demand is more than offset by drastic policy changes in China and rising Middle Eastern supplies.

Aug 18, 2021
Oil & Gas
Fuel Oil
Crude
China
West Africa
Oil & Gas
Diesel
Gasoline
Russia
Jet Fuel

China issued a third batch of crude import quotas last week, but limited quotas will keep crude imports subdued for the rest of the year, which is further reinforced by a soft domestic demand outlook and limited product export quotas.

Aug 11, 2021
Freight
Import
Crude
China
India
VLCC
Freight
Far East
Tonne-miles
SE Asia

China’s contribution to crude tonne-miles has dwindled year-to-date according to Vortexa freight data as the country continues to decrease crude imports. Other nations have stepped in to fill the void as our data shows.

Aug 4, 2021
Oil & Gas
Export
Crude
Oil & Gas
CPP / Clean
Gasoline
Russia
DPP
Insight
refinery

Russian seaborne crude and clean products have undergone a significant decline in July. We examine the key factors driving this shift, including rising pipeline flows and a tightening domestic gasoline market.

Jul 22, 2021
Freight
US
Crude
West Africa
Middle East
VLCC
Freight
OPEC
Far East

Is the OPEC+ output increase considered glad tidings or a false hope for the VLCC market? 

Jul 15, 2021
Oil & Gas
Crude
Middle East
VLCC
OPEC
Suezmax

With OPEC+ going through a standoff concerning the future production policy, a spike in crude exports in early July raises eyebrows. We investigate how sustainable this development is likely to be.

Jul 14, 2021
Oil & Gas
Crude
China
Oil & Gas
Diesel
Gasoline
Russia
Jet Fuel
OPEC
Insight

A series of domestic policy changes and market headwinds in recent months has upended China’s refining industry, putting a tight lid on the country’s crude imports and product exports. Vortexa sheds light on evolving trends in the country's crude imports and product exports.

Jul 1, 2021
Freight
LR2
Crude
CPP / Clean
VLCC
Freight
Aframax
Insight
Tankers
MR tankers
Suezmax
Freight Rates

Vortexa summarises the trends and dynamics that prevailed in the crude and product tanker market throughout Q2 2021

Jun 29, 2021
Oil & Gas
US
Crude
Middle East
Non-OPEC
OPEC
oil price
Insight

Vortexa looks deeply into oil shipments with strong visibility especially into the more opaque corners of the market to evaluate at the status quo of the oil demand recovery and evaluate if there is good reason for OPEC+ to be hesitant in unleashing oil supply onto the market. 

Jun 23, 2021
Freight
Crude
CPP / Clean
Middle East
VLCC
Freight
Insight
Tankers
Tonne-miles
Freight Rates

Oil prices are on the rise and a $100 barrel of crude doesn’t seem as far fetched as it did a few months ago. The implications of crude reaching this strong, symbolic price are wide-ranging, especially when it comes to freight markets. Will OPEC+ step in and will this fuel a tanker market rally?

Jun 18, 2021
Oil & Gas
US
Crude
CPP / Clean
Diesel
Gasoline
Europe
ARA
Transatlantic
Mediterranean
Insight

Vortexa shows diverging trends for crude arrivals heading to key Atlantic Basin buyers.

Jun 15, 2021
Oil & Gas
Venezuela
Crude
China
Freight
Insight
APAC
tax

A flood of diluted bitumen cargoes has rapidly filled up storage tanks in Shandong, as traders and refiners scrambled to offload the cargoes before the consumption tax on diluted bitumen imports kicked in on 12 June. With this new tax in place, independent refiners are expected to cut back on diluted bitumen and raise Malaysian crude blends and fuel oil imports to meet their feedstocks requirements.

Jun 10, 2021
Freight
LR2
Crude
CPP / Clean
Europe
Insight
Tankers
Tonne-miles
Fleet Distribution
East of Suez

The OPEC+ announcement to stick to an increase in supply of crude has to date failed to kickstart a morose market. Using Argus Media pricing and Vortexa flows and freight data, we explore whether the expected second half of the year rally is due to materialise.

Jun 9, 2021
Data Science & Technology
VorTECHsa
Crude
Oil & Gas
Europe
ARA
Python SDK
Data Science
Technology

On the 27th May, Product Specialist Amy Lees and Machine Learning Engineer Christos Hadjinikolis analysed the quality of crude imported into the ARA region, a key refining hub in Northwest Europe, using Vortexa’s Software Development Kit (SDK). This blog investigates further into their methodology.

Jun 2, 2021
Freight
US
Crude
Europe
Aframax
Insight
Tankers
Vessel Utilisation
Tonne-miles
Suezmax
Fleet Distribution

Cheaper Suezmax freight rates led to increased employment for US - Europe flows. Will this trend continue amidst a positive environment for European crude imports?

May 26, 2021
Freight
Crude
India
Europe
Middle East
Americas
VLCC
Insight
Tankers
Vessel Utilisation
Far East
Suezmax

Declining volumes towards the Far East limits tanker demand, but long-haul voyages to India keep VLCC and Suezmax tanker utilisation in balance.

May 20, 2021
Oil & Gas
US
Africa
Crude
West Africa
Brazil
Europe
Mediterranean
Insight

Atlantic Basin crude/condensate departures (including intra-country movements) totaled 21.2 mn b/d in April, the highest, albeit marginally, since May 2020. 

May 17, 2021
Freight
Crude
India
Asia
VLCC
Insight
refinery
Suezmax

Vortexa data shows at least 12mn bbl of crude has been delayed in discharging into key ports along India’s west coast, following the arrival of Cyclone Tauktae.

May 12, 2021
Freight
UK
LR2
Crude
West Africa
Diesel
Gasoil
VLCC
Insight
Suezmax

An ailing crude market has driven charterers to employ newbuild crude tankers for East-to-West of Suez CPP cargo transits, adversely impacting LR2 demand.

May 6, 2021
OIl & Gas
Crude
China
Diesel
Insight
refinery

China's crude imports have slowed in April. A rebound in Q3 is faced with headwinds as refiners look to draw down their stockpiles amid elevated crude prices.

May 2, 2021
OIl & Gas
US
Import
Export
Crude
Diesel
Gasoline
Asia
Transatlantic
Naphtha
Insight
refined products
refinery

Vortexa outlines how naphtha has had a strong demand recovery but increasing demand for road fuels gasoline and diesel could incentivise refiners to adjust their yields to make less naphtha.

Apr 29, 2021
OIl & Gas
Crude
Oil & Gas
CPP / Clean
DPP / Dirty
Freight
Tankers
Tonne-miles

Claims from top trading houses and research analysts that oil demand is set for a roaring comeback as soon as this summer has divided market experts. Vortexa weighs in.

Apr 21, 2021
OIl & Gas
US
Import
Export
Crude
Gasoline
Transatlantic
Latin America/South America
PADD 3
PADD 1
Insight
refined products

Vortexa outlines how Latin American countries are increasing imports of crude and refined products whilst simultaneously exporting refined products into storage hubs, suggesting an oversupplied region.

Apr 15, 2021
OIl & Gas
US
Crude
China
India
Med
Latin America/South America
Freight
refinery

Vortexa outlines how global crude imports show a slow recovery for refiners.

Apr 7, 2021
Freight
Crude
China
CPP / Clean
Diesel
Europe
Houston
Middle East
Rotterdam
VLCC
Freight
Singapore
Floating Storage
PADD 3
Insight
Tankers
Vessel Availability

Explore Q1 2021 freight market update based on Vortexa data.

Mar 25, 2021
US
Crude
Oil & Gas
CPP / Clean
Europe
Asia
Middle East
DPP
Freight
Insight
Suez Canal

A breakdown of the impact on oil, freight and flows in the aftermath of the Suez Canal blockage.

Mar 17, 2021
Event News
Webinar
Crude
Oil & Gas
Diesel
Gasoline
Asia
biofuels
refinery

Our 'On the road to recovery: Asia's crude and products trade flows in 2021' webinar was hosted by Vortexa Lead Market Analyst, Serena Huang and Product Specialist, Teo Rui Jie on 16 March, who together discussed the outlook for Asia's trade flows and freight markets.

Mar 4, 2021
Freight
Crude
Asia
VLCC
Freight
Insight
Vessel Availability
Vessel Utilisation
Johan Sverdrup
Norway

The VLCC market share of Johan Sverdrup volumes continues to increase at the expense of Aframax and Suezmax tanker segments, highlighting the demand for longer-haul routes.

Feb 26, 2021
Event News
Fuel For Thought
Crude
Oil & Gas
oil price
Past webinar
Event News

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, alongside leaders from Vitol, VARO Energy, and JP Morgan.

Feb 23, 2021
Oil & Gas
Crude
Oil & Gas
CPP / Clean
Australia
Freight
Insight
refinery

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.

Feb 11, 2021
Oil & Gas
US
Crude
Oil & Gas
CPP / Clean
Diesel
Gasoline
Infographic
Insight
refined products

We put the spotlight on the key US crude and product net flows to watch.

Feb 4, 2021
Crude
Freight
Floating Storage
Event News

From the 26-28 January, Vortexa partnered with Argus to present at the Argus Crude Live online conference, alongside industry leaders.

Jan 27, 2021
Oil & Gas
US
Crude
China
Oil & Gas
Russia
Asia
Infographic
OPEC
Insight

What are some of the key crude arbs to watch in 2021? We highlight three crucial flows that will influence global oil markets this year.

Jan 7, 2021
Oil & Gas
Crude
Oil & Gas
Mideast Gulf
Europe
Asia
Insight

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

Dec 16, 2020
Oil & Gas
US
Crude
Oil & Gas
Libya
OPEC
Insight

A cargo of Libyan crude is heading to PADD 5 for the first time in almost a year.

Dec 16, 2020
Freight
Crude
China
CPP / Clean
Diesel
Europe
Houston
Middle East
Rotterdam
VLCC
Freight
Singapore
Floating Storage
PADD 3
Insight
Tankers
Vessel Availability

Explore freight markets forecast for 2021 based on Vortexa data.

Dec 4, 2020
Oil & Gas
Crude
China
Oil & Gas
CPP / Clean
Diesel
Gasoline
Europe
Jet Fuel
Freight
Floating Storage
Insight

Floating storage told the story of the extraordinary moves in oil demand and supply in 2020.

Nov 17, 2020
Infographic
US
Crude
Oil & Gas
Infographic
PADD 3
Insight

Discover the key benefits of Vortexa's new net flows screen with an Infographic on US Gulf coast crude flows.

Nov 16, 2020
Event News
Webinar
US
Crude
China
Oil & Gas
Iran
OPEC
Event News

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. 

Nov 12, 2020
Oil & Gas
Crude
China
Oil & Gas
CPP / Clean
Australia
Diesel
Gasoline
India
South Korea
Insight
APAC
refined products

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.

Nov 9, 2020
Oil & Gas
Venezuela
Crude
Oil & Gas
Freight
Infographic
Insight
Tankers
Windward
Risk
Sanctions

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.

Oct 20, 2020
Oil & Gas
Crude
China
Oil & Gas
CPP / Clean
Australia
Diesel
Gasoline
India
South Korea
Insight
APAC
refined products

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.

Oct 7, 2020
Freight
Crude
Freight
Floating Storage
Tankers

Crude tanker freight markets remain a prisoner of challenging circumstances, even as the seasonally strongest quarter of the year is upon them.

Sep 10, 2020
Oil & Gas
US
Crude
Oil & Gas
CPP / Clean
Insight
LNG

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.

Sep 10, 2020
Freight
Crude
Oil & Gas
Russia
Black Sea
Freight
Insight

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.

Sep 9, 2020
Oil & Gas
US
Crude
China
Oil & Gas
Asia
Freight
PADD 3
Insight

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.

Aug 26, 2020
Oil & Gas
US
Crude
Oil & Gas
Infographic
Insight

US crude exports fell slightly month-on-month in August, but are still up 20% from last year.

Aug 20, 2020
Freight
Crude
West Africa
WAF
Middle East
VLCC
Freight
PADD 3
Insight

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.

Jul 30, 2020
Oil & Gas
Crude
Insight

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.

Jun 25, 2020
Oil & Gas
Crude
Oil & Gas
Europe
North Sea

North Sea crude exports have proven resilient among global buyers in the midst of the covid-19 pandemic, as firm demand in Asia has overcome freight rate spikes and weaker regional demand.

Jun 11, 2020
US
Crude
Oil & Gas
Texas
Americas
Jun 10, 2020
Crude
Oil & Gas
Europe
May 20, 2020
Blog Migrations
US
Crude
Oil & Gas
Asia
Americas
May 15, 2020
US
Crude
Oil & Gas
Americas
May 13, 2020
US
Crude
Oil & Gas
Asia
Americas
Naphtha
DPP / Dirty
Apr 30, 2020
US
Crude
Oil & Gas
Americas
Floating Storage
Apr 28, 2020
US
Crude
Oil & Gas
Americas
PADD 5
Apr 8, 2020
US
Crude
Oil & Gas
Americas
OPEC
Mar 11, 2020
Market Report
Crude
Oil & Gas
Saudi Arabia
Russia
OPEC
Market Report

The failure of Opec and its non-Opec partners to extend joint production cuts from end-March, the subsequent deep reduction in Saudi Arabia’s official formula prices and pledges on the part of both Saudi Arabia and Russia to raise supply from April have kicked off a global battle for market share between the two nations.

Mar 11, 2020
Crude
Oil & Gas
Floating Storage
Feb 14, 2020
Event
Crude
Company News
Feb 13, 2020
Market Report
Crude
China
Oil & Gas
Market Report
APAC

Crude volumes heading to China in week 6 (w/e 9 February) held relatively steady amid limited on-the-water diversions. Vortexa also observed higher middle distillate and gasoline exports, as well as LPG diversions.

Feb 5, 2020
US
Crude
Oil & Gas
Americas
Corpus Christi
Jan 28, 2020
Crude
Oil & Gas
Condensate
Non-OPEC
Jan 23, 2020
Africa
Crude
Oil & Gas
Libya
Jan 16, 2020
Crude
VLCC
Freight
Nov 15, 2019
Market Report
Crude
China
Oil & Gas
Market Report
APAC

China’s seaborne crude imports are poised to maintain their momentum in November, Vortexa data show, after touching a multi-year high of over 10mn b/d in October.

Oct 25, 2019
Fuel Oil
Crude
Oil & Gas
Brazil
DPP / Dirty
Latin America/South America
Oct 24, 2019
Venezuela
Crude
China
Oil & Gas
Asia
Latin America/South America
Oct 2, 2019
Market Report
US
Crude
Oil & Gas
Russia
Market Report

Expected higher imports of Russian and US crude into Asia this month are set to provide a cushion against short-term disruption to Saudi Arabia’s light crude supply.

Sep 16, 2019
Market Report
Crude
Oil & Gas
Saudi Arabia
Market Report

The rate of Saudi crude exports dropped sharply on 15-16 September compared with prior days, following the attack on the country’s Abqaiq crude processing facility and Khurais oil field on 14 September.

Aug 30, 2019
Crude
Oil & Gas
Americas
Canada
Aug 22, 2019
Crude
Oil & Gas
Asia
brunei
Aug 14, 2019
Market Report
Fuel Oil
Crude
Oil & Gas
Australia
DPP / Dirty
Market Report
APAC

Australian heavy sweet crude grades, such as Pyrenees, Van Gigh and Wandoo, have been swooped up by the market ahead of IMO 2020.

Aug 8, 2019
Market Report
Crude
Oil & Gas
IMO2020
Market Report

A West African crude oil stream that will gain importance in the post-IMO-2020 world is Congolese Yombo crude.

Aug 2, 2019
Venezuela
Crude
Oil & Gas
Europe
Latin America/South America
Aug 2, 2019
Market Report
Crude
China
Oil & Gas
Saudi Arabia
Russia
Market Report

China's crude imports from Saudi Arabia surges by nearly 45% year-on-year to 1.55mn b/d in the first seven months of this year, Vortexa data shows.

Jul 25, 2019
Africa
Crude
Oil & Gas
Libya
Europe
Spain
Jul 16, 2019
Market Report
Crude
Oil & Gas
IMO2020
Market Report

Liftings of the heavy sweet Doba crude from Chad, continue to be dominated by players who are processing the stream for use in the very low-sulphur fuel oil (VLSFO) bunker pool.

Jun 5, 2019
US
Crude
Oil & Gas
Americas
Alaska
May 23, 2019
Africa
Crude
Oil & Gas
Angola
Apr 11, 2019
US
Crude
Oil & Gas
Europe
Asia
Americas
VLCC
Freight
Apr 5, 2019
Africa
Crude
Oil & Gas
Nigeria
Dec 4, 2018
US
Crude
Oil & Gas
Chile
Dec 4, 2018
Crude
Oil & Gas
Trinidad and Tobago
Latin America/South America
Oct 31, 2018
Crude
China
Oil & Gas
Mediterranean
Aug 31, 2018
Crude
Oil & Gas
Asia
Aug 31, 2018
Crude
Oil & Gas
Angola
Aug 21, 2018
Crude
Oil & Gas
Canada
Croatia
Jul 27, 2018
Crude
Oil & Gas
Asia
Middle East
Vietnam
Kuwait
Jul 24, 2018
Oil & Gas
Crude
India
Asia
Latin America/South America
Colombia
Ecuador
Insight

Jul 11, 2018
Oil & Gas
Crude
China
Asia
Americas
Canada
Insight

Jun 5, 2018
Argentina
Crude
Oil & Gas
Europe
Apr 11, 2018
Crude
Oil & Gas
Uruguay
Nigeria

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