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Chinese teapots face challenges in securing crude imports despite fresh quotas

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Dec 12, 2024
Chinese teapots face challenges in securing crude imports despite fresh quotas - Vortexa
China recently issued an additional crude oil import quota of over 6mt to some independent refiners for the remainder of 2024, mirroring a similar ...
Dec 13, 2024
Russian oil companies could not start exporting gasoline - Oreanda-News
Unlike the Vortexa data, which Bloomberg is guided by, the IEA estimates all exports of oil and petroleum products, including through pipelines ...
Dec 12, 2024
Crude Market Highlights: Trump & tariffs spooking the market while OPEC keeps calm
Key report takeaways: What to expect from this compilation of Vortexa's latest unique insights into global crude oil markets? Iranian crude oil ...
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June 20, 2023
Iran’s crude/condensate exports reach record-high under…
This insight explores Iran’s record-high crude/condensate exports under sanctions, changes to floating storage and Russia’s impact on Iranian fleet activity.
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May 31, 2023
Exclusive Report: China bitumen feedstock outlook…
Access the exclusive new report "China bitumen feedstock outlook in a tightening market for sour crude" which takes an in-depth look at the voluntary…
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May 10, 2023
Are VLCCs making use of triangulation…
VLCC demand has grown in the last few months. In this insight, we investigate whether this has sparked a change in VLCC tanker behaviour,…
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March 16, 2023
Is the VLCC freight rate rebound…
On the back of the recent VLCC rally, Vortexa summarises the key reasons led to this uptick in rates, and provides an outlook on…
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February 02, 2023
Clean tankers seeking stability after a…
Clean tanker markets have seen a freight rate decline across the board so far this year despite strong momentum in late 2022. Our freight…
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January 25, 2023
New key locations emerging for Russian…
As the world adjusts to new trade flows of Russian crude oil, we at Vortexa see an increase in ship-to-ship transfer activity (STS), at…
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December 09, 2022
Crude inventories rise markedly in spite…
A brief review of global crude trade flow for November shows stagnating overall liftings and arrivals, but building stocks as testimony of weakening oil…
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November 17, 2022
Mid-Q4 2022 Freight Market Review
While the crude tanker market continues its rally and the clean market lags, Russia’s approach to the oil price cap will shape freight rates…
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November 10, 2022
The shipping logistics behind reshuffling Russian…
Russian crude exports are having to travel farther as the country redirects flows to “friendly” nations. In this insight, we assess the implications for…
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September 22, 2022
China’s comeback lifts VLCCs, recent announcements…
China’s rebound in purchasing amid a much more ample global crude market lifts VLCC rates across all fronts, with much higher anticipated clean product…
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August 25, 2022
Crude Tankers: Russian Invasion sets the…
Russian-Ukranian conflict managed to shift the crude tanker trade patterns, however Chinese purchasing activity is and will remain a barometer for tanker recovery.
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July 14, 2022
VLCC freight rate recovery challenged by…
VLCCs have had a tough first half in 2022, with increasing vessel supply and weak crude demand in East Asia keeping earnings well below…
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VLCC freight rate recovery challenged by stormy waters ahead
VLCC freight rate recovery challenged by stormy waters ahead
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