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MON

06

JUL 2020
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Story map: How crude inventories help predict shipping rates

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FRI

05

JUN 2020
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Video: Ursa's Oil Inventories Country Level Capacity Dashboard

Ursa is monitoring oil storage around the world using SAR satellite data.

Watch this video tutorial to learn more about the different features you can access on our dashboard.

FRI

05

JUN 2020
Blog categories
Global crude stock builds eased before price rebound

After a historic collapse, oil prices have been increasing, an impressive turnaround since being in free fall earlier this year.

A few weeks before hitting bottom, there were signs of fundamentals improving, providing a leading indicator for prices (keep reading).

Production cuts (OPEC, Russia, US shale), better-than-expected gasoline demand, and hopes for an economic recovery have helped lift oil prices.

MON

18

MAY 2020
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Story map: China Crude Inventories

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FRI

08

MAY 2020
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Video: Global Oil Storage Trends & COVID-19

An unprecedented decline in oil demand has caused inventories to build sharply in 2020. The potential for storage to "run out" by this summer has been widely raised, sowing panic in the oil market.

Is this true? How full are global crude inventories? Do inventory levels vary depending on geography? Where are stocks highest? Have any locations hit a plateau?

These are some of the questions we covered in a recent webinar using Ursa inventory data. Click below to watch the video.

THU

30

APR 2020
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Story map: Port Monitoring

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FRI

24

APR 2020
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Oil storage rising: Cushing and beyond

The amount of oil held in storage at Cushing, Oklahoma led to one of the biggest stories in the world this week.

WTI oil futures traded Monday (April 20) in negative territory for the first time ever. You got paid to buy oil.

FRI

17

APR 2020
Blog categories
Using satellite imagery to monitor China amid COVID-19

There are signs of economic life in China after months of paralysis.

A car factory in Tianjin. A freight railyard in Wuhan. Oil storage tanks across China.

The impact of China’s lockdown was highly visible in these places. Now, the signs are pointing in a different direction, suggesting efforts are underway to revive the world’s second-largest economy.

FRI

10

APR 2020
Blog categories
Lessons learned: Inventory trends post-coronavirus

How much longer before the world’s crude inventory storage tanks fill to maximum capacity?

It’s become the dominant question in the oil market after the combination of a global economic paralysis and Saudi-Russia price war resulted in a staggering oversupply.

FRI

03

APR 2020
Blog categories
Possible supply pact captures oil market attention

Talk of a potential deal among the world’s major oil producers to cut supply by historic proportions caused crude futures to skyrocket this week.

The development began Thursday with a tweet by President Trump raising expectations that OPEC and Russia could strike a deal that would lift oil prices after recording a 65% decline in the first quarter.