13
MAR 2018Oil Market Rebalancing - Signs in the Caribbean
Is the crude oil market still rebalancing, or is U.S. shale already starting to have an effect on supply? Inventory levels in the Caribbean can provide some insight. Using Ursa’s Caribbean inventory level data, we discovered a drastic draw in the U.S. Virgin Islands in the last 8 months:
28
FEB 2018Ursa Adds Key European Oil Storage Locations
The company's latest move in their global oil reporting expansion
Ithaca, NY – February 28, 2018 – Ursa Space Systems Inc. (Ursa) today announced the worldwide release of their new Europe Oil Storage Report, which includes 18 key locations in the European region such as Antwerp and Rotterdam.
23
OCT 2017Ursa Predicts Chinese Oil Demand
This morning, Bloomberg published an article regarding an analysis piece written by Barclays Plc analysts, fueled by Ursa China Oil Storage data.
By using Ursa’s consistent and reliable oil inventory measurements all throughout China, Barclays was able to conclude that, “... this is bullish for oil fundamentals... It implies that China’s refinery runs and end-use consumption may be understated, and that global balances are tighter than consensus and our own forecasts.”
11
AUG 2017China Imports Down - What Could This Mean?
July data for China crude oil imports shows a noticeable drop from 8.79 mbd to 8.16 mbd, as noted in the media: