Shanghai Crude Oil Futures Contract in 2017?

Ithaca, NY – May 16, 2017 – A majority of the world’s crude oil futures contracts are based on two benchmarks: West Texas Intermediate (WTI) and Brent. These contracts allow the buyer to receive a quantity of crude oil from the seller at a predetermined price at some point in the future. Traders attempt to[…]

Ursa Provides Early Insight to Chinese Government Reports

Ithaca, NY – April 19, 2017 – If you had been receiving our China oil storage reports, you would have gotten early insight about some of the news in Bloomberg’s article, China Takes Crude Crown as Output Lags Behind Rising Demand. Our weekly data showed a continuing drop in Chinese inventories since the beginning of[…]

Disrupting Energy and Commodities with Satellite Data

Ithaca, NY – April 17th, 2017 – Ursa is disrupting energy markets with its release of the first reliable China crude oil storage reports. The energy and commodities trading industries have seen massive shifts in the past five years with drastic price changes, an explosion of data sources, banks stepping out of trading and quant[…]