13
APR 2018A Quick Look at Recent Crude Trends in Egypt
Egyptian oil inventories have been experiencing large swings given some major long-term events taking place in the country, including its large oil exploration deals and BP’s shift to focus more on natural gas.
06
APR 2018European Oil Trends - Building Inventories
Using Ursa inventory data, we recently noticed and monitored a new trend in the European region.
30
MAR 2018Libya Oil Disruptions & Inventory Impact
Geopolitical events happening around the globe can often have both direct and indirect impacts on many industries and supply chains. Recent events in Libya, and their disruptive impact on crude oil production, are one example of this.
27
MAR 2018China INE Futures Contract Launches
As of today, the China INE futures contract has been officially launched. In preparation, we’ve been sharing our insights - from our regular monitoring of the inventory levels at INE locations - on the contract.
22
MAR 2018Iranian Oil - Inventories Build, Exports Drop
According to many sources, Iran’s oil exports are falling to a two-year low this month, including this article, which notes that this is actually the third month in a row in which exports have fallen below levels from the previous year.
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:
02
MAR 2018Chinese Inventories to Equities Use Case
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.
17
FEB 2018INE Contract Locations Announced
Just this week, storage locations for the Shanghai INE crude futures contract were announced:
09
FEB 2018Use Case: Forecasting Chinese Crude Inventory Change
15
JAN 2018The Shanghai Crude Oil Benchmark is on the Horizon
09
JAN 2018Why Direct Measurements are Better for Global Energy Data
(Fig 1: The same image of Ningbo, China taken on the same day. Optical imagery is on the left. SAR imagery, which can see through clouds, is on the right.)
Not only is the type of sensors used important, but the methods of collection and the measurement approaches can also be essential to building a valuable data product. For instance, the following can all impact quality:
The frequency of collect
Consistent area collects
The use of direct measurement versus estimation and interpolation