Vortexa: January Clean Product Exports Jump 5% Y-or-Y


   
   HOUSTON, TX (DTN) - Global seaborne exports of gasoline, diesel, jet fuel 
and naphtha have surged approximately 5% above 2025 levels in early January, 
adding 600,000-700,000 bpd to international flows as refiners navigate shifting 
trade patterns and oversupply pressures, energy and freight intelligence 
service Vortexa said Friday (1/23).
-    Diesel dominates export growth. Diesel is leading the export surge as 
Russia aggressively pushes sanctioned barrels into alternative markets 
following the European Union (EU) ban on Russian-refined products.  Meanwhile, 
European refiners are ramping up domestic diesel production to replace Russian 
imports, contributing to a global redistribution of supply rather than 
reflecting strong end-user demand.
-    Naphtha sees short-term boost. Naphtha exports have strengthened following 
President Trump's announcement of a 30-50 million bbl Venezuelan oil purchase. 
The heavy Venezuelan crude requires naphtha as a diluent for transportation, 
temporarily boosting demand. However, analysts warn naphtha could become the 
"swing struggler" as Chinese buying appetite weakens following the Lunar New 
Year holidays.
-    Gasoline holds steady amid supply disruptions. Gasoline flows have 
remained stable, supported by steady demand in the U.S. Atlantic Coast and 
Northwest Europe. The EU ban on Russian products and operational issues at 
Nigeria's massive Dangote refinery have helped absorb available supply and 
maintain balanced markets.
-    Jet fuel margins stay healthy. Jet fuel continues to post robust margins 
despite constrained global production capacity. Top exporters including South 
Korea, Kuwait, India and China are operating near maximum output, with limited 
room to expand supply even as aviation demand remains firm.

   Vortexa analysts note that summer demand patterns will be critical in 
determining whether 2026's strong start sustains above five-year averages or 
softens as seasonal factors and market fundamentals reassert themselves.

   Editor's note: This story was written using AI with Vortexa's information.




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