Vortexa shows diverging trends for crude arrivals heading to key Atlantic Basin buyers.
As European gasoline and blending component imports dominate seaborne flows into PADD 1, we take a look at if this could be the beginning of a long term structural change. We also explore other points of gasoline resupply into PADD 1.
China’s new consumption tax on imports of mixed aromatics and light cycle oil (LCO) is about to turn the tides of its domestic supply and exports of gasoline and diesel/gasoil. Downside risks on MR tanker demand looms ahead.
As the US Colonial pipeline system restarts after its historic outage and panic buying subsides in the East Coast and Southeastern markets, we look towards waterbourne gasoline cargos to solve the regional stock imbalances.
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.
Should the Colonial Pipeline network remain down for more than a few days, East Coast and Southeastern markets will start to see supply hiccups and related price spikes.
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.
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.
Explore Q1 2021 freight market update based on Vortexa data.
Latin American diesel imports via ship-to-ship transfers (STS) off west Africa are on track to hit a multiyear high of around 230,000 mt in March, up from less than 90,000 mt in February.
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.
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.
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.
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.
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.
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.
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?
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.
A second wave of diesel floating storage is now underway, as expectations grow for a further build.
How is clean products floating storage faring globally, and what regional dynamics can we see?
Infographic on India's recent clean petroleum product exports since the onset of covid-19
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.
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.
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.