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  • Provisional European gasoline arrivals into PADD 5 are on track for a multi-year high in May.
  • An estimated 250,000t is expected to discharge into PADD 5 by the end of the month, surpassing previous highs seen in March and April.

  • The unseasonably high gasoline flow can be traced back to a string of refinery outages on the US west coast, which has tightened regional supply.

  • Prior to March, transatlantic arrivals into PADD 5 had not surpassed 80,000t in a single month since 2016, according to Vortexa observed flows.

  • European suppliers into PADD 5 year-to-date are: Netherlands, Belgium, UK, Spain, Norway, Ireland and France.

  • European traders/refiners are able to blend components and meet the niche CARBOB gasoline specifications required in California State.

Insights

May 23, 2019

Vortexa Snapshot: Crude Exports From Angola's Kaombo Project Rise

Angola has exported its first cargo of medium sour Mostarda crude.
May 23, 2019

Vortexa Snapshot: Primorsk Diesel Exports Slide in May

Diesel exports from Primorsk are on track for a multi-year low in May.
Apr 18, 2019

US Jet Fuel Arrivals from South Korea Up in March

US imports of jet fuel from South Korea rose to a multi-year high in March, Vortexa data show.

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