🚨 SUEZ CANAL BLOCKAGE: 10 crude
#tankers
(13 mn bbl) could be affected by the disruption so far. “If tankers start diverting towards the Cape, any increase in tonne-miles will increase tanker utilisation and support rising
#freight
rates in the short-term”
@RichierArthur
. (1/3)
"There are at least 15 Suezmax's and 4 VLCC's which either have or are in the process of switching carrying dirty to clear cargoes this year."
See the full overview of the latest US energy market updates from
@pamelaenergy
here:
Suez Canal Update [VIDEO]: "If flows remain disrupted for more than a few days, some European refiners could run short, particularly of sour crude feedstocks and tighten an otherwise weak physical European market."
#OOTT
#freight
#oilgas
#shipping
November oil flow data paints a picture of very healthy refinery operations, with record crude imports and clean product liftings, lead by Asia. However, this spike looks unsustainable. Read full article here:
#vortexa
#oilgas
#freight
Exciting news: Vortexa users can now track fuel oil in floating storage offshore Singapore by grade and quantity, vessel by vessel - a market first. Get in touch if you're interested to find out more via info
@vortexa
.com, we'll be at APPEC in Singapore next week!
#appec2019
We are delighted to announce that
@Michellewb_
, Principal Analyst at
@LLIntelligence
, will be joining Vortexa’s analyst team discussion at Innovation Series London as a special speaker for an exclusive insights session 🌟🇬🇧
Join our event in central London:
Top 3 exporters of
#crude
and
#oil
products via Suez Canal in 2021 YTD:
Russia – 546,000 b/d,
Saudi Arabia – 410,000 b/d,
Iraq – 400,000 b/d.
Top 3 importers:
India – 490,000 b/d,
China – 420,000 b/d,
South Korea – 380,000 b/d. (3/3)
"India's transport fuel exports are down due to its growing domestic demand”
A quote from our Chief Economist David Wech during the
#Vortexa
analysis briefing this week.
Join our 15-minute live energy market analysis every Tuesday to learn more:
#Energy
OPEC+ onshore crude inventories reach seasonal lows driven by continuation of supply curtailments and the need to maximize their earnings, will this continue for the rest of 2024?
👇Reply with your thoughts!
#vortexa
#vortexainsights
#OPEC
@RathodR92
🎉 🎂
#Vortexa
turns 5! We’re a long way from where we started, and at the same time, still early in our journey shaping the future of energy markets. We celebrate this special day with our friends, clients and partners – for all it took us to get here, and for all that’s ahead.
Big news from team Vortexa as we announce our Series A funding from VC firms Notion Capital and Mosaic Ventures. 2019 is already off to a great start for us - we're scaling up and can't wait to roll out more of our exciting plans
“On a global level, our May data shows a significant drop in Sea-born exports from Saudi Arabia, the U.S, and Russia."
@PamelaEnergy
discusses global export trends in Vortexa’s June US Energy Insights Video.
Watch now: :
#CrudeOil
#EnergyTrends
#Vortexa
💡Supertanker clean-ups: Momentum could continue as clean-dirty tanker spreads rise
In our latest insight we focuses on the recent behaviours of
#supertankers
as well as the drivers behind this trend.
Read more:
👋Nice visit to our London HQ from Jaan Tallinn, Skype Co-Founder and one of our earliest investors. In photo: Geospatial Data Analyst, Michal, demonstrates some of the latest features on the platform, including advanced waypoints and ship-to-ship analytics!
#VortexaHQ
"The decline of medium and heavy crude exports to Europe from the Middle East and Africa as a result of OPEC cuts"
A quote from Senior Oil Market Analyst Rohit Rathod during the Vortexa analysis briefing this week.
Stay up to date with Vortexa insights:
@Vortexa
announces a $19m series B led by
#monashees
with participation from all existing investors. With an excess of $30m in total funding,
#Vortexa
plans to scale up its global analytics platform and significantly expand across the globe:
⚡️ What to expect from Russian product exports amidst Ukrainian drone attacks, record amount of Russian product at sea & the reallocation of product flows a year after European
#sanctions
?
See in our new Russian product exports report:
#Satellite
imaging is like Earth taking a selfie multiple times a day. How does it translate to new business opps? New blog series explaining
#science
behind the image recognition and segmentation by Romain, our Head of Signal Processing and Enrichment:
Asia’s refining margins are firming somewhat but competition from new Middle East and African refineries could limit any strength.
Vortexa's Head of APAC Analysis, Serena Huang, provides more insights. Read here:
#VortexaInsights
#energymarket
#oil
#gas
FEATURED: “Structure your teams as multi-functional ones, balancing business analysts, data engineers, data scientists, software engineers, and quality assurance in one team,” Schipka says... “Avoid the pitfalls of...
@cioonline
@ciouk
@lensesio
NEW: Our latest insight report is on how soaring freight rates are impacting VLCC freight demand - also one of the hot topics of the Argus Global Crude conference in Geneva this week.
Check it out here:
#crudeoil
#shipandshipping
#oil
#opec
#arguscrude
"Europe is continually finding alternatives to Urals as their imports of Nigerian crude is at a 14-month high in May."
A quote from Crude Market Analyst Armen Azizian during the
#Vortexa
analysis briefing this week.
View all Vortexa insights here:
💡 China’s crude stockpiling pace slowed in 2H May without an uptick in refinery runs, indicating continuous softness in demand ahead.
Read more from Vortexa’s Senior Market Analyst, Emma Li:
EVENT: Next Tuesday Vortexa Managing Director Clay Seigle will be discussing global floating storage trends at our
@ArgusMedia
partnered webinar, joined by representatives from Teekay Tankers and Moda Midstream, 21st July 10am CDT (4pm BST). Register now:
2019 is off to a great start at
#Vortexa
with the launch of our first overseas office - in Singapore 🇸🇬. Our team of experienced oil industry experts will be providing clients and partners valuable insights and in-depth regional expertise on crude and refined products markets.
Despite panic buying in 2022, driven by diesel shortage fears and the impending EU ban on Russian clean product imports, the world has witnessed an oversupply of clean products in 2023 🌍
@PamelaEnergy
discusses the impact this has had on Latin America.
We are thrilled to be announcing our
#investment
in Vortexa today!
Patrick, partner at Notion, shares why he took the decision to
#invest
.
We are all very excited to have Vortexa on board and are looking forward to welcoming them into the
#NotionFamily
It was our pleasure to bring together such an amazing mix of views on key oil market topics and analytics at our inaugural
#appec2019
event in Singapore. Thanks to our speakers and guests for making it a great success.
Vortexa's leading technology captures the most complex STS transfers in the world - across the barrel, in real-time. We’ve been delivering the most exceptional view of global oil products flows this year. Our 2019 looks even more exciting.
In Singapore tomorrow? Join us at
@NTU_EEE
for a seminar on Real‐Time Algorithmic Tracking of Global Waterborne Vessels & Commodities. Find out how
#datascience
&
#AI
are promoting transparency in the
#commodity
and
#freight
markets. Meeting Room E (S2.2-B2-42) 4.30 - 5.30PM.
Vortexa is now in Houston! 🇺🇸 Excited to announce our new office launch and welcome MD
@ClaySeigle
to the team! Ex Genscape, Clay brings 20+ years of market expertise and is an incredible asset to the team!
#oilandgas
#newlaunch
#houston
"Lower freight rates seen over the last few months may have reached a floor for 2023" 🚢
A quote from Vortexa Freight Analyst Dylan Simpson
Join our Innovation Series in Abu Dhabi (Oct 3) & Singapore (Oct 12) for more energy market insights:
WEBINAR: Predicting Flows, Floating Storage Trends, and Covid-19 Effects with Python SDK.
Join this 30 minute webinar showcasing our Python SDK and how to use it to analyse trade flows, floating storage, and Covid-19 ongoing effects.
Register here:
Russian product exports - short & long-term trends & challenges
See what to expect from Russian product exports amidst Ukrainian drone attacks, record amount of Russian product at sea, and the reallocation of product flows a year after European
#sanctions
:
💡In this insight we review the current status of the recently launched 650kbd
#Dangote
refinery in Nigeria and its impact on
#AtlanticBasin
crude and product markets.
Read more:
Our inaugural Data Science Meetup takes place next Wednesday. We'll be exploring what successful traders and analysts will look like in the future, and what role technology and data science play.
Find out more:
#oilgas
#shipsandshipping
#datascience
Discover the power of the Vortexa Freight Market Outlook in our new white paper! Our ml models & real-time data give insights into today's market.
Access the whitepaper here:
Global crude imports decline in July
💡Global crude/condensate imports are down by over 1mbd m-o-m in July, coinciding with elevated concerns over the state of global oil demand.
Read More:
#Vortexa
#Crude
#oil
Vortexa's Freight Analyst, Dylan Simpson, provides an update on the current decline in crude tanker demand across the board as well as where crude tankers could find support in the latter half of 2023.
Read more:
#Vortexa
#VortexaInsights
#Freight
💡Global crude/condensate seaborne exports fell m-o-m to 38.5mbd in June, while Non-OPEC+ supplies sharply increased market share at the expense of Saudi Arabia.
Read more:
#Vortexa
#VortexaInsights
#crude
#oil
FEATURED on
@ReutersUK
:"Jet and diesel/gasoil imports into Italy between March 1 and March 16 stood at 140,000 bpd, according to preliminary data from oil analytics firm Vortexa, less than half the average for February."
EVENT: We are proud to announce our partnership with
@ArgusMedia
for a two-part webinar series this month. Join us for ou Floating Storage Insights webinar on 21st July 10am CDT / 4pm BST. Register here:
#oilandgas
#floatingstorage
#shipsandshipping
🚨 SUEZ CANAL BLOCKAGE: The approximate rate of backlog is ~50 vessels per day and any delays leading to re-routings will add 15 days to a Middle East to Europe voyage.(2/3)
#SuezCanal
#EverGiven
#freight
Track changes in vessel diversions in real time:
When even the smallest cargo movement can influence your
#trading
strategy, access to accurate
#floatingstorage
intelligence is more important than ever before.
🕵️🛢️Demo our data & get access to first-hand information:
#oilgas
#Vortexa
Huge focus on the supertankers lining up to store and blend fuel oil in coming months, especially in Singapore/Malaysia. This references our recent note:
#vortexa
We are excited to launch our new analysis series - MENA Energy Insights with Jay Maroo, Vortexa’s Head of Market Intelligence and Analytics - MENA 🌟
See in this release:
💡Sour vs sweet
#crude
trends
💡 ⬇️ Middle East exports
💡Iranian vs Kuwaiti and Nigerian exports
💡Saudi
Vortexa's Head of Market Intelligence & Analysis (MENA), Jay M. shares his insights on Saudi Arabian crude oil accumulating off Egypt’s red coast.
#Vortexa
#VortexaInsights
#Crude
We look at Atlantic Basin clean product flows in the context of falling refinery margins. Diesel remains at the core of the strength, and we distill four key factors to watch out for the market’s health in the coming 6-9 months. Read full article here:
#vo
Vortexa is excited to announce the release of Daily Stock Change for Onshore
#Crude
Inventories. Its now easier to conduct analysis of inventory changes on a cumulative and cross-region & country basis.
See more here:
#crudeinventories
#oilmarkets
Will you be in town for IP Week this month? Be sure to check out our demo of the
#Vortexa
platform with CEO Fabio Kuhn, on 25th February at the
@ArgusMedia
IP Week 2020.
Register here:
#proudsponsor
#ipweek
Don't forget to register for our Argus-Vortexa Data Science Insights webinar, on this Thursday 30th July 4pm BST / 10am CDT where Vortexa CEO Fabio Kuhn is joined by leading representatives from
@ArgusMedia
and BP. Register here:
#datascience
#oilgas
We have 2 events during IP Week, you can't miss us!
#ipweek
Tuesday 25th -
@ArgusMedia
at IP Week. Come say hi @ our demo space from 11:30am-2pm:
Wednesday 26th - Mining & Modelling Energy Data, partnered with
@awscloud
, from 2pm:
Vortexa spoke with Federica Maiorano, CCO at Spot Ship about her outlook on trends in shipping, the path to solidifying a career in the maritime sector and her role at Spot Ship.
Watch full video here:
#WomenInEnergy
#Vortexa
mention here of a tanker carrying US crude to Australia this month "highlighting the increasing global reach of exports from the United States", says Reuters. The 2nd tanker is due to sail off soon.
WEBINAR:
#Vortexa
are excited to be partnering with industry leaders ZE Powergroup,
@ArgusMedia
and
@WindwardOceans
on the 27 April to discuss the impact of analytics on energy and freight markets & the changing landscape.
Make sure to register today!
We are happy to announce that
@VandanaHari_SG
, the Founder & CEO of
@VandaInsights
will join our Central Panel - "Navigating the new realities of global trade dynamics" at Innovation Series Singapore 🌟
Secure your spot here:
Vortexa's Senior Oil Risk Analyst, Armen Azizian, explores Iran’s recent increase in its crude/condensate exports, making it OPEC’s fourth largest crude exporter in May.
Read more:
#Vortexa
#crude
#oilmarkets
We’ve posted a series of fuel oil insights over on our LinkedIn page this week, - all backed by our refined products flows data. Our cargo-by-cargo tracking will help stay on top of major market shifts ahead of
#IMO2020
#Vortexa
Vortexa’s analysts hosted a Global Webinar on 20 October offering their views on leading questions from the industry. Read full article here:
#vortexa
#oilgas
#freight
Our latest insight looks at jet fuel — the hot topic in refined products. As
#Coronavirus
depresses European jet fuel demand, Vortexa is seeing tankers divert to Caribbean storage locations. Click to read more:
#oilgas
#jetfuel
#cargodata
#OOTT
#Vortexa
Happy Thanksgiving!
To all of those that are celebrating, we hope you have a wonderful day reflecting on what you are most thankful for. From all of us at Vortexa we are thankful for your ongoing support and happy to have you as part of our community as we head into the new year.
Russia’s naphtha exports have nosedived post the EU ban amid limited alternative markets and challenging fundamentals.
Read more from Serena Huang, Head of APEC Analysis, here ➡️
Sanctions impact review of Russian crude flows to Asia
In this exclusive
#Russia
report we examine Russian crude flows to
#China
&
#India
, impact on flows & freight from developments in US sanctions & India’s policy towards Russian tankers.
Access report:
Check out our
#Vortexa
Infographic: The evolution of Singapore's Fuel Oil Trade Patterns in 2019 - lots of detailed market shifts to track in the next few months, especially in the run up to
#IMO2020
. For all demo and information requests on our data we're at info
@vortexa
.com