Event highlights: Dirty or clean, how is the US shaping trends in transatlantic flows in 2021?
Authors Emma Boyle
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On the 6th May, our Analyst team came together to discuss the Clean Petroleum Products (CPP) and Dirty Petroleum Products (DPP) market in light of recent global events.
Throughout the course of 2021, the pandemic triggered a string of events that disrupted US oil product flows. The Texas cold snap, multi-year low refinery runs, and high gasoline refining margins have all helped to shape the current CPP and DPP flow picture heading into the US summer driving season.
In this webinar, Vortexa experts Ioannis Papadimitriou, Freight Market Analyst and Will Holeman, Lead Market Analyst came together to discuss the impact of these events on the main US oil product flows and the repercussions this has had on the global tanker freight market.
Key topics of discussion included:
Refined products flows across the Atlantic Basin
Fuel oil US/PADD 3 imports
Transatlantic freight rates
CPP & DPP flows in April and looking forward to the remaining year