Know The Cargo™

ClipperData offers the most comprehensive database of waterborne flows – oceangoing, inland, barge, ship-to-ship and floating storage – of all crude oil and products worldwide in real-time. Access the most robust database on global cargoes of crude oil, refined products, and petrochemicals.

GeopoliticOIL: The intersection of policy, politics and trends impacting the global energy market

Get the latest insights on political and macroeconomic developments. Learn more.>>

 

Visit ClipperData at Downstream 2019!

Join ClipperData (Booth #60) June 11-12 at the George R. Brown Convention Center in Houston. Learn about our cargo tracking for petrochemicals.>>

Access the most granular point-to-point grain and oilseed shipping data in the industry!

Oilseed Data Now available for the US, Brazil & Other Load Origins. Get details.>>

Introducing ClipperCompass Containers!

Get real-time access to the speed, reliability and efficiency of your carrier — from the convenience of your desktop! Learn more. >>

Matt Smith, Director of Commodity Research


Rebecca Salsbury, Oil Market Analyst


FOFT: Pakistan State Oil Importing HSFO for Seasonal Needs 05/01/2019 | By Rebecca Salsbury

State-owned Pakistan State Oil (PSO) returned to the international market for its supply of high sulfur fuel oil (HSFO) as demand for fuel oil in power generation is expected to exceed refinery production and inventory during the country’s peak summer season.

FOFT: Stone Oil to Blend Ratable, Compatible and Stable 0.5%S Marine Fuel Oil 05/01/2019 | By Rebecca Salsbury

Louisiana-based John W. Stone Oil Distributor, a major marine fuel blender and distributor in the Gulf of Mexico region, has been looking to blend IMO 2020 compliant 0.5%S low sulfur fuel oil (LSFO) with desired quality in terms of ratability, compatibility and stability.

FOFT: In the Markets: Cargill Prepares a Portfolio Approach to IMO 2020 05/01/2019 | By Rebecca Salsbury

After 18 months of rigorous preparation, testing and onboard trials, Cargill has decided to focus on the procurement of high quality 0.5%S very low sulfur fuel oil (VLSFO) for its chartered fleet to comply with IMO 2020 regulations.

FOFT: PKN Orlen to Export High Sulfur Fuel Oil to Saudi Arabia under a Term-Deal 04/29/2019 | By Rebecca Salsbury

Polish refiner PKN Orlen will export high sulfur fuel oil (HSFO) from its Mazeikiai refinery in Lithuania to Saudi Arabia from May-October under a term contract.

Vesta Terminal Tallinn Expecting IMO 2020 to Drive up its Fuel Oil Storage Occupancy 04/29/2019 | By Rebecca Salsbury

Vesta Terminals B.V. has seen lower demand for its fuel oil storage in Tallinn, Estonia, but expects this situation to change as the effective date of IMO 2020 regulations approaches.

Josh Lowell, Oil Market Analyst


Global Middle Distillate: The French Rejection 06/14/2019 | By Josh Lowell

A duo of French regulations on the use of diesel vehicles – one long-term and one short-term – are threatening diesel demand across France.

Global Distillates Report: An Economic Audi-ble 05/31/2019 | By Josh Lowell

On June 4th, the German KBA Motor Transport Authority published data showing a build in new passenger car registrations in May. Included in this growth was a month-on-month 16.2 percent increase in diesel-engine car registrations. Registration of gasoline-powered passenger cars were up 0.7 percent, while electric cars and hybrids increased 32.6 percent and 87.5 percent, […]

Global Distillates Report: Week in Review 05/31/2019 | By Josh Lowell

US exports of middle distillate finished May at a rate of 1.36 million barrels per day, the quickest pace since January. At 1.2mn bpd, exports from the US Gulf Coast in May were above the 1.03mn bpd average for exports from January to April. Exports from the west coast of India dropped to 526,000 bpd […]

FOFT: A Look at the Future of PREPA 05/14/2019 | By Josh Lowell

This issue’s “In Perspective” looks at Puerto Rico’s generation infrastructure and oil burns in the wake of the catastrophic damage from Hurricane Maria.

Global Distillates: Contamination Woes 05/09/2019 | By Josh Lowell

Distillates Russian oil exports along the Druzhba pipeline stopped in April after contaminated crude had entered the stream. Reportedly contaminated in the Volga region of Samara, the crude contained traces of organic chloride, a compound used to increase oil production.

Samantha Zhang, Senior Market Data Analyst


US Gasoline Import Week: Coming Elsewhere 06/21/2019 | By Samantha Zhang

Total imports of gasoline and components into the US East Coast for the week ending June 21 were up by 71,000 barrels per day compared to the previous week at 736,000 bpd, and 75,000 bpd higher than the five-year average for this time of year.

US Import Week – Gasoline: Going North 06/14/2019 | By Samantha Zhang

Total imports of gasoline and components into the US East Coast for the week ending June 14 came in at 651,000 barrels per day, up by 109,000 bpd compared to the previous week. Still, imports are 72,000 bpd lower than the five-year average for this time of year.

U.S. Import Week: Start of Summer Strength 05/17/2019 | By Samantha Zhang

Billed deliveries into the US Atlantic Coast came in at 853,000 barrels per day for the week ending May 17. Total arrivals – including billed and unbilled volume – reached a nine-month high at 943,000 bpd, 252,000 bpd higher than the five-year average for this time of the year.

U.S. Import Week: Strength Continued 05/10/2019 | By Samantha Zhang

Billed imports of gasoline and blending components into the US East Coast came in at 766,000 barrels per day for the week ending May 10. But our calculation of 856,000 bpd in total arrivals is 90,000 bpd higher than the volume reported to Customs and 150,000 bpd higher than the five-year average for this time […]

US Gasoline Import: CBOB Lifting 05/07/2019 | By Samantha Zhang

Billed imports of gasoline and blending components into the US East Coast came in at 735,000 barrels per day for the week ending May 3, whereas total arrivals – including billed and unbilled volume – appear to be 815,000 bpd, a six-week high and in line with the five-year average for this time of the year.

Troy Vincent, Oil Market Analyst


China Crude Oil Week: Sour Strength 06/21/2019 | By Troy Vincent

A confluence of events has led to significant declines in sour crude supply globally so far this year. But lower supply is not the only factor that has propped up sour crude prices in recent months.

US Crude Balance Report: Continuing to Lighten Up 06/21/2019 | By Troy Vincent

Following an extension of the OPEC output cuts and sanctions against Iran and Venezuela, it was widely speculated that these events would cause tremendous problems for US refiners and would finally lead to the large decline in US crude stocks that OPEC nations and oil bulls had been hoping for.

Global Gasoline Weekly: Indian Impact 06/14/2019 | By Troy Vincent

Global exports of gasoline and components are in line with May’s pace in June, averaging 9.4 million barrels per day so far this month. Compared to year-ago levels, global exports are up 1.3mn bpd, or 16 percent.

U.S. Crude Balance: Running at a Slower Pace 06/14/2019 | By Troy Vincent

The counter-seasonal build to US crude stocks in recent months has sent the global crude market for a loop. Growing stocks and seasonally low demand for both crude and products in the United States pushed the WTI forward curve back into contango across both short- and long-term time spreads earlier this week.

China Crude Oil Weekly: Saudi Strength 06/14/2019 | By Troy Vincent

Chinese crude oil imports in June so far are strong, typical for the start of a month. At a current pace of 10.3 million barrels per day, imports picked up by 2mn bpd from May’s average. We are expecting this import strength to slow in the second half of the month, just as we have […]

Karim Bastati, Oil Market Analyst


USAC Balance Report: High Octane Fears 06/21/2019 | By Karim Bastati

Gasoline inventories on the US East Coast shrank for a second week in a row to 62.15 million barrels. Despite high gasoline stocks in PADD 3, barge deliveries slowed further last week.

USAC Gasoline Balance Report: Drive Smarter Not Farther 06/19/2019 | By Karim Bastati

As predicted last week, the EIA on Wednesday reported a draw on gasoline stocks on the US Atlantic Coast, bringing them to 63.53 million barrels and thus back to mid-March levels.

Domestic Crude Oil East: Lightering Glitch 06/14/2019 | By Karim Bastati

Crude oil exports from the US Gulf average 2.79 million barrels per day so far in June, marking the fastest monthly pace in our records. They are up 158,000 bpd, or 6 percent, month-on-month, bringing the average for the second quarter to 2.61mn bpd so far, surpassing the first quarter’s pace by more than 4 […]

USAC Balance: Week in Review 06/05/2019 | By Karim Bastati

ClipperData expects the EIA to report total gasoline imports into PADD 1 of 560,000 barrels per day for the week ending June 7, with a high end of 610,000 bpd and a low end of 504,000 bpd.

USAC Balance: Demand Concerns 06/05/2019 | By Karim Bastati

On Wednesday, the EIA reported a 1.89-million-barrel build to gasoline stocks on the US Atlantic Coast, bringing them to 65.11mn bbls. This came as East Coast refinery runs finally caught up with year-ago levels. After trailing behind for most of the year – by 7 percent on average – utilization and crude oil inputs increased […]

Dan Graeber, Chief Editor


The Geopolitical Energy and Risk Monitoring Report 06/24/2019 | By Dan Graeber

Welcome to The GERM Report by Dan Graeber, a commentary on the intersection between geopolitical events and the price of oil. GERM stands for Geopolitical Energy and Risk Monitoring. Our indicator is based on the expected price volatility by the end of the current trading week. Risk level: Orange RED: Severe (+/- 4%) ORANGE: High (+/- […]

The Geopolitical Energy and Risk Monitoring Report 06/17/2019 | By Dan Graeber

Welcome to The GERM Report by Dan Graeber, a commentary on the intersection between geopolitical events and the price of oil. GERM stands for Geopolitical Energy and Risk Monitoring. Our indicator is based on the expected price volatility by the end of the current trading week. Risk level: Orange RED: Severe (+/- 4%) ORANGE: High (+/- […]

The Geopolitical Energy and Risk Monitoring Report 06/10/2019 | By Dan Graeber

Welcome to The GERM Report by Dan Graeber, a commentary on the intersection between geopolitical events and the price of oil. GERM stands for Geopolitical Energy and Risk Monitoring. Our indicator is based on the expected price volatility by the end of the current trading week. Risk level: Orange RED: Severe (+/- 4%) ORANGE: High (+/- 2%) YELLOW: Elevated […]

The Geopolitical Risk and Energy Monitoring Report 06/03/2019 | By Dan Graeber

Welcome to The GERM Report by Dan Graeber, a commentary on the intersection between geopolitical events and the price of oil. GERM stands for Geopolitical Energy and Risk Monitoring. Our indicator is based on the expected price volatility by the end of the current trading week.

The Geopolitical Risk and Energy Monitoring Report 05/28/2019 | By Dan Graeber

A true pilot is needed to guide any inherently volatile system.

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Hard Data

In the world of waterborne energy trading, it’s all about the hard data


These days just about anyone can track a tanker on a map. You can do that for free.

Some of us go further, and apply state-of-the-art predictive algorithms to deduce the tanker’s destination and ETA. And depending on the size of the tanker and where it loaded you can guess at the grade of the cargo.

But that’s all based on what is known in the business as soft data. It’s based on interpretation and conjecture. And let’s face it, no matter how ingenious your algorithms may be, their output is going to suffer if you’re feeding them ambiguities and contradictions.


The solution is to apply a hard-data overlay to your soft-data baseline. Hard data comes from the people who load or discharge the tanker, or are otherwise responsible for the molecules onboard. There is no guesswork involved. Hard data is based on hard facts.

In the US, ClipperData receives bills of lading from the US Customs and Border Protection agency in near real-time. We have been receiving export bills since 2014, and import bills going all the way back to 2009. So if a tanker touches US shores, ClipperData can tell you the exact grades and quantities that make up that cargo. Outside the US, ClipperData relies on agent reports and local sources to build our hard-data overlay.


Granularity

In 2018, our algorithms matched hard-data sources to 45 percent of refined products movements and more than 50 percent of crude oil movements worldwide. In some particularly difficult-to-disentangle regions, our hard-data source match rates are above 90 percent.

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Wondering if that clean cargo from ARA is gasoline or gasoil? If that Iraqi crude cargo is Basrah Heavy or Basrah Light?
Only ClipperData can tell you that.

In 2018 the Russian port of Ust-Luga loaded cargoes of gasoil, jet fuel, naphtha, and gasoline, but one of those grades accounted for 82% of total volume.
Only ClipperData can tell you which one.

In 2018 India decreased its year-on-year imports of one Basrah grade by a few percent, but increased imports of the other grade by over 40%.
Only ClipperData can tell you which is which.

In early 2018 the VLCC Karan loaded offshore Galveston via ship-to-ship transfer from four Aframaxes. If you were relying on soft data, all you knew was that the originating tankers loaded twice from Corpus Christi, once from Beaumont, and once from Freeport. So that’s about 1m bbls of Eagle Ford, 500k bbls of US crude, and 500k bbls of either US or Canadian crude (the Freeport loading was from the Seaway Terminal, which loads Canadian crude as well as US crude).

Thanks to its hard-data sources, ClipperData knew that part of the Eagle Ford loading was actually condensate, and that the rest of the barrels were a combination of Bakken and DJ Common – no Canadian barrels there. We also knew the exact quantities, and the shippers who had combined to build the cargo: Mercuria, Total, Statoil (now Equinor), and Trafigura.

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Trusted by the Top Ten

ClipperData invented this space – previously handled by in-house teams of analysts at the houses that trade energy. With a five-year head start on our competitors, we have spent more time testing, refining and perfecting our craft.

We took a bet on the value of hard data in an ever-complex, ever-changing trading environment, and we locked up the best-of-breed providers of that insight. We use that hard-data overlay every day, to teach our models, to re-examine history, and to override standard assumptions.

All oil supermajors and super merchant traders rely on ClipperData

It’s no coincidence that you don’t see these heavy hitters jumping at the latest new whiz-bang screen being offered at half-price in the marketplace. They know what it takes to do the hard yards on the hard data and grind out results that correlate with reality.  And they know it can’t be done for half the price.

So if you want to see what the big guys are seeing, you need to look at Clipper. Because everything else is just a shiny new toy.

Maps

ClipperData’s best-in-class cargo map tracks real-time vessel movements across the globe.

Users can view a vessel’s status, type and class, AIS position details, and learn its likely destination and ETA. ClipperData customers can also view detailed cargo data, including hard-data breakdowns of grade and volume.

New features include real-time and historical weather patterns, zone entry and exit alerts, emission control areas, and animated voyage replays.

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