Vortexa's infographic analyses oil & gas trading concerns associated with the vessel jam in Suez Canal. The most interesting flow concerns biodiesel feedstocks to Europe, where about a full quarter of monthly import needs may currently be stuck.
A breakdown of the impact on oil, freight and flows in the aftermath of the Suez Canal blockage.
In a video, Vortexa's Managing Director Clay Seigle reviews continuing events at the Suez Canal and discusses potential oil market repercussions.
Vortexa has so far identified ten tanker ships carrying about 13 million barrels of Mideast crude that could be affected by Tuesday's blockage of the Suez Canal. More oil flows could be at risk unless the interruption is quickly resolved.