14
FEB 2019Can Latin America replace Venezuelan exports?
Two weeks have passed since the US imposed sanctions against Venezuela’s state-owned oil company, yet the fallout remains the biggest story in the oil market.
Where will US Gulf Coast refiners find heavy sour barrels to make up for Venezuelan supply that have been a staple of their diet?
That question shows the primary concern hasn’t been over the quantity lost as much as the quality lost.
08
FEB 2019Infographic: China Oil Storage
China's oil inventories are widely regarded as a key indicator of global demand. Utilizing this data has been challenging because until recently traders and analysts had to rely upon government sources.
In this infographic, we explain some of the ways to use Ursa's China storage data gathered from Synthetic Aperture Radar (SAR) to gain trading advantages.
07
FEB 2019The path ahead: US sanctions Venezuelan oil
Will Venezuela be able to find buyers of its oil to replace customers lost as a result of US sanctions?
At stake is approximately 500,000 barrels per day exported by state-owned PDVSA to US refineries. That’s almost one-half of Venezuelan daily output.
31
JAN 2019Was Saudi Arabia tapping its crude stocks in November?
It may feel like ages ago, but a few months back the question raging in the oil market was whether Saudi Arabia had enough spare capacity to prevent the supply crunch about to ensue when US sanctions drove Iranian exports to zero.
The guarded nature surrounding Saudi Arabia’s oil industry only stoked the debate.
29
JAN 2019Ursa and SI Imaging Services Announce Further Collaboration On Satellite Analytics
Ursa Space Systems, Inc. (Ursa) and SI Imaging Services (SIIS) have signed a multi-year contract, establishing Ursa’s continued access to KOMPSAT 5 radar satellite imagery, distributed exclusively by SIIS.
24
JAN 2019What you missed in Houston this week
A few of us traveled this week to attend the Argus Americas Crude Summit. Ursa was one of the conference sponsors.
18
JAN 2019Tanker loadings spell volatility for LOOP storage
The Louisiana Offshore Oil Port holds the enviable title as the only US facility capable of fully loading a supertanker with crude.
US crude exports have boomed since legal restrictions on exports were lifted in late 2015. The supply of light, sweet crude far exceeds the demand by domestic refiners, many of which were configured to run on heavy, sour barrels.
LOOP began to fully load supertankers in February. An average loading is roughly 2 million barrels per VLCC.
10
JAN 2019Stop reading the tea leaves on global inventories
The biggest question in the oil market is whether some of the biggest oil producers in the world will follow through with pledged output cuts -- causing the global oil market to tighten.
04
JAN 2019Our New Year’s Message
2018 was a big year for Ursa!
Early in the year we launched our Oil Storage product for all regions in the world, helping us provide the best-in-class global dataset of the world's crude oil supply. We also launched our Ursa Data Portal, a one-stop shop for users to quickly perform custom analyses of the areas that are most important to them in an interactive and beautiful page. Throughout the year we've also made innumerable enhancements to strengthen our core and future offerings.
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DEC 2018White Paper: Viewing US Inventories Post Builds
US oil inventories provide fundamental insight. Comparing stocks against the five-year average was part of the analysis, but historic builds have distorted that figure for the time being.