Ursa Predicts Chinese Oil Demand

ITHACA, NY – This morning (10/23/17), Bloomberg published an article regarding an analysis piece written by Barclays Plc analysts, fueled by Ursa China Oil Storage data.

By using Ursa’s consistent and reliable oil inventory measurements all throughout China, Barclays was able to conclude that, “… this is bullish for oil fundamentals… It implies that China’s refinery runs and end-use consumption may be understated, and that global balances are tighter than consensus and our own forecasts.”

Sign up for a free trial of our data products here, and if you want to learn more about how to combine our data with other reliable sources of Chinese crude oil information to recreate conclusions like those in the Barclays note, let us know when you request your free trial, or contact us at sales@ursaspace.com.