Oil prices rose last week after the International Energy Agency (IEA) predicted China’s oil demand would increase sharply in 2023, following the lifting of COVID restrictions, while Russia’s oil supply would decline under the weight of Western sanctions. 

Southeast Asia holds nearly 15 percent of the world’s tropical forests, but has become one of the world’s most heavily deforested areas.

In this article, we describe how satellite imagery combined with Ursa’s analytics are used to monitor and track deforestation on the Indonesian island of Sumatra.

How do you monitor key areas of the world to stay ahead of the events and topics shaping the planet?

What if your area of interest spans hundreds of miles, and requires detections on key indicators of change?

The starting point is satellite imagery, but imagery alone isn’t the answer. The size of the task is too large. A proper solution utilizes an automated approach to collect & analyze imagery, and deliver insights to a customer in a cost-effective method.

Just before the start of winter, Europe’s natural gas storage levels looked comfortably high. 

Still, a feeling of unease remains ever since Russia drastically cut gas pipeline flows last year in retaliation for economic sanctions imposed by the West against Moscow.

As we look ahead to 2023, it’s worth pausing for a moment to reflect on the last 12 months and highlight the steps we have made toward achieving our company goal of building a comprehensive, accessible suite of global monitoring products.

While it’s impossible to know what events will unfold next year, we know that having the ability to monitor certain areas of the world will help improve lives and the planet. 

Argentina’s thrilling victory over France on December 18 was instantly hailed as the most exciting FIFA World Cup Final ever played.

It won’t be easy for future tournaments to eclipse that level of excitement, or the price tag associated with organizing the 2022 edition.

Crude oil inventories represent the difference between supply and demand, making this piece of information critical to forecasting oil prices.

There is an even greater need in the current environment considering the extreme levels of volatility and uncertainty roiling the oil market.

Transforming /" target="_blank" rel="noopener">pixels to insights requires a robust catalog of satellite data. Otherwise, analytic results become limited.

At its core, sourcing that satellite data can be daunting without the proper training or vendor latency.

Strength in Numbers

At Ursa Space, /image-services" target="_blank" rel="noopener">our catalog is the foundation for creating custom analytics and derived insights.

In December 2021, China’s real estate market came to a sudden halt. In the run up, developers had been aggressively expanding their operations while also taking on massive amounts of debt.

Though the collapse was precipitated by the COVID-19 pandemic, it was exacerbated by reckless housing development.

On November 15, 2021, months before Russia’s invasion of Ukraine, Russia performed an anti-satellite missile test (ASAT), destroying one of its own LEO (low-earth orbit) satellites, Cosmos 1408.

As people take to the roads and skies for the holiday, it’s that time of the year when the cost of travel is hard to ignore.

Though fuel prices have fallen since the summer, they remain stubbornly high, keeping the focus on what comes next. Are high prices here to stay?

With a grain export deal set to expire November 19, President Volodymr Zelensky made his case to world leaders gathered at the G20 Summit to extend the agreement that guarantees safe passage of ships leaving Ukrainian ports.

“The right to food is a fundamental right of every person in the world,” Zelensky said.