In the oil market, no country is an island. A supply disruption one place can have ramifications far away.

Take the recent shutdown of an oilfield in southwestern Libya and why that might matter in Primorsk, Russia or Ceyhan, Turkey.

On December 9, an armed group seized control of the Sharara oilfield (315,000 barrels per day), Libya’s largest.

When the Shanghai International Energy Exchange launched a crude futures contract back in March the oil market kept close tabs on its development.

Would China achieve its goal of establishing the world’s third crude benchmark? The other two being Brent and WTI. Or would the effort fizzle?

Leveraging our deep expertise in satellite radar imagery, Ursa is able to provide reliable measurements - not extrapolations - across global supply chains day or night regardless of clouds or fog.

How would you track the different stages of oil production in the Permian Basin?

The Permian’s spectacular growth has upended the global oil market. And the oil market is hungry for every bit of information about it. Yet significant knowledge gaps exist.

The US renewal of sanctions against Iran, effective Monday, will keep the market’s focus on the the impact that Washington’s efforts to penalize Tehran are having on the global oil market.

There have already been significant shifts in flows. One example is Iran boosting crude exports to the Chinese port of Dalian where bonded tanks are located.

ITHACA, NY - October 29, 2018 – Airbus Defence and Space will continue to provide access to its radar satellite data to Ursa Space Systems (Ursa), a data fusion and analytics company. Both parties signed a new four-year contract after having started their cooperation in 2015.

The Ursa Team road trip continued this week. Fresh from the Platts North American Crude Export Conference, we flew to Geneva to attend the Argus Global Crude Summit.