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  • Seaborne outflows of Alaskan crude (including to elsewhere in the US) have held steady in the past few years, posting a small tick upwards in Q1. 

  • Amid a global tighter medium/heavy crude market (OPEC cuts; sanctions), interest has firmed in medium sour Alaska North Slope (ANS) crude in Q2. 

  • Two ANS exports towards South Korea observed so far in 2019 – a Suezmax departure in May (yet to arrive - it originally signalled for China), and an Aframax delivery to Daesan in late-April. Another ANS cargo went to Daesan in December.

  • Almost all ANS delivered to PADD 5 in 2019 so far, movements to Asia much more occasional. 

Insights

Aug 7, 2019

Vortexa Snapshot: China's Gasoline Exports Post Weekly Spike

Chinese gasoline/blending components exports rose sharply in week 31 versus previous weeks.
Aug 2, 2019

Vortexa Snapshot: Venezuelan crude exports to Europe slump in July

Venezuelan crude exports to Europe fell to a multi-year low in July, after the firmer outflows in June.
Jul 25, 2019

Vortexa Snapshot: Libyan Crude Surges into Spain

Spain's intake of Libyan crude reached more than a 3-year high in Q2.

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