Ursa’s weekly global oil inventory report

Ursa Space Systems Inc., a company that delivers global economic intelligence to energy and financial enterprises, has announced plans to provide the world’s first reliable, global oil inventory coverage.

The company said it will build on its ‘ground-breaking China Oil Storage Report’ and will deliver global oil storage reports on a region by region basis, starting with the Caribbean, Middle East/North Africa, and Europe, which are coming online in the coming months.

Vice President of Sales and Marketing, Matt Wood said: “Developed in close collaboration with our customers, the global oil storage reports build upon our success with Ursa’s China Oil Storage report released in May. Our reliable and independent measurement of global oil stocks helps our customers build a more accurate balance sheet for better insight on oil supply and demand; especially for areas of the world that are opaque.”

Blacklight Research’s Colin Fenton said: “Energy trading is continually revolutionized by the emergence of technologies that bring new sources of knowledge and efficiency. As the promise of space-based remote sensing marched toward reality, we knew we had to find and partner with the best operation. We evaluated every competitor in this niche. Ursa is the clear winner. Our access to Ursa’s data has been a key edge for Blacklight in anticipating shifts in oil market fundamentals and prices so accurately in 2017.”

For more information visit www.ursaspace.com

18th Aug 2017