After a steady rise in the first quarter of 2024, oil prices have been stuck in a tight range the last few weeks without a clear narrative to provide direction.

There has been no shortage of stories involving geopolitics, OPEC+ policy, US sanctions, interest rates and China’s economy, but collectively the signals are mixed.

This marks a turnaround from the rally that defined the first three months of the year.

Whether prices rebound or not will hinge on China’s property sector, but that’s not the only variable at play.

There are other sources of iron ore demand, such as China’s renewable energy sector and automotive industry, the largest in the world. Both are considered strategic priorities and receive support from the Chinese government.

And don’t forget supply, which could help rebalance the market if some high cost producers reduce output in light of low prices.

Heavy rainfall in the central Java province of Indonesia between March 13 to March 18, 2024 has caused the failure of two embankments at four different points near Kudus in the Demak Regency. The most significant failure occurred on the Wulan River, exacerbating flooding in the area and causing many canals to fail as a result.

ITHACA, NY, MARCH 26, 2024 – Ursa Space has launched a weekly dataset offering volumetric measurements of Iron Ore Stockpiles at key global locations. This subscription delivers unbiased and accurate data extracted from satellite imagery, empowering users to gain valuable insights in a notoriously opaque market and better understand economic trends.

The earthquake that struck Morocco in September 2023 is a reminder of Earth's dynamic nature that can have devastating consequences for people and their communities.

One way to mitigate the extent of these disasters is through early warning systems, particularly when alerts arrive with sufficient advance notice.

It’s sometimes referred to as the world’s largest machine. The North American electric grid is an engineering marvel that shaped history and changed the lives of countless people since coming into existence.

For its next act, the grid must undergo a massive transformation to achieve the White House’s goal of 100% carbon-free electricity by 2035.

It has been an eventful few weeks for storm trackers.

This article was written from the perspective of William Conroy, Ursa Space's Maritime Product Lead.

Previously, Bill has worked at the National Geospatial-Intelligence Agency's Maritime Safety Office and is a veteran of the US Coast Guard.

Every other summer, thousands of sailors converge on the south coast of England to compete in one of the marquee events on the yacht racing calendar.

This year’s Fastnet Race took place over seven days from July 22 to July 28. It was the 50th edition of the biennial race, and featured the largest fleet ever assembled, with 430 yachts taking part.

The 625-nautical mile course begins near Cowes on the Isle of Wight, rounds Fastnet Rock off the Irish coast, and finishes in the Normandy port of Cherbourg-en-Cotentin.