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VORTEXA ANALYTICS
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...- Iran says it won't accept 'maximalist demands' as Islamabad hosts peace pushIran presented its core demands and concerns in Pakistan, seeking an end to the ongoing conflict. The United States is pushing for Iran to ...
- Military-grade jet fuel cargoes from US show scale of Iran war impactUnusual US fuel shipments to Asia reveal global oil supply chain disruptions. Military-grade jet fuel and diesel are sailing from Washingto...
- Iran menaces Hormuz as its own oil tankers test US blockadeIranian gunboats attacked commercial ships in the Strait of Hormuz. Two Iranian oil supertankers are testing a US blockade in the Arabian S...
- Iran war: What is the Strait of Hormuz and why is it so important for world trade?Strait of Hormuz: The strait lies between Oman and Iran and links the Gulf north of it with the Gulf of Oman to the south and the Arabian S...
- China's Russian oil imports to hit new record in February as India cuts backChina's Russian oil imports are set to reach a new record high in February, surpassing January's figures. Independent refiners are increasi...
- India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year highChina’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...
- China state oil majors suspend Russian oil buys due to sanctions, sources sayIn a significant shift, leading oil corporations in China have ceased their maritime purchases of Russian crude, responding to recent US sa...
- China's crude oil imports highest since August 2023 on Iranian surgeChina's crude oil imports surged in March, reaching 12.1 million barrels per day, a nearly 5% increase year-over-year. This rise was fueled...
- Russia’s disrupted oil trade crimps margins for Indian refinersIndia's state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and ...
- India's Russian oil buy is now more than Saudi, UAE, Iraq and US combinedThe rise in Russian share came at the cost of traditional suppliers in the Middle East. Shipments from Saudi Arabia slipped to 560,000 tonn...
- Europe rushes to fill up on Russian diesel before ban beginsThe European Union will ban Russian oil product imports, on which it relies heavily for its diesel, by Feb. 5. That will follow a ban on Ru...
- Russia becomes the No. 1 oil supplier for India in OctoberCompared to September, overall crude import went up 5% in October and that from Russia rose 8%, according to Vortexa, an energy intelligenc...
- Russia to flood Asia with fuel as Europe ramps up sanctionsAsia and the Middle East have already been taking a greater share of Russian exports since the war broke out, according to data from S&P Gl...
- Russia muscles in on Indian oil market at expense of OPEC titansDeprived of many of its traditional European buyers, Moscow is on course to deliver somewhere between 1 million and 1.2 million barrels a d...
- China quietly increases purchases of low-priced Russian oilThe move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies, for fear of appearing to openly...
- Oil slips on China demand worries while EU weighs Russia oil banBoth benchmark contracts rose more than 40 cents on Monday and extended those gains modestly in early trade on Tuesday.
- Oil slips on China demand worries while EU weighs Russia oil banU.S. West Texas Intermediate (WTI) crude futures similarly dropped 24 cents, or 0.2%, to $104.94 a barrel, after hitting an intraday high o...
- Major oil trading firms stow diesel, jet fuel on supertankers as demand rebound eyedTrafigura, Glencore and Vitol are holding about 1.5 million tonnes of the industrial and aviation fuel on at least seven Very Large Crude C...
- China, India soak up oil from floating storage as demand recoversA total of 3.4 million tonnes (24.8 million barrels) of crude oil was discharged from floating storage into Asian markets in the past seven...
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