Regional Flows

Crude oil flow analysis across 8 key trading regions • AIS-derived volume estimates

Origin → Destination Flow Matrix (kbd)

WAFNSMEDAGINDASIAUSGLATAM
WAF
1.4
-3.6%
1.2
+4.4%
3.5
+7.7%
0.9
-11.5%
NS
2.1
+1.2%
0.6
-2.3%
MED
0.5
-7.8%
AG
1.7
-4.7%
2.1
+3.0%
4.3
-1.2%
12.6
+3.6%
0.7
-21.9%
IND
ASIA
USG
1.3
+5.6%
1.1
+16.2%
1.0
-1.8%
LATAM
0.4
+10.3%
1.7
+6.6%
1.9
-4.5%

Destination Flow Trends — 90 Day

Asia
Europe
Americas

Top Arbitrage Routes

WAF → East Asia$2.45/bbl
3.4M bbl/dwidening
US Gulf → North Sea$1.82/bbl
1.4M bbl/dwidening
AG → India$1.15/bbl
4.2M bbl/dnarrowing
LATAM → East Asia$2.10/bbl
1.8M bbl/dstable
US Gulf → East Asia$3.25/bbl
1.1M bbl/dwidening
WAF → North Sea$0.65/bbl
1.6M bbl/dnarrowing