New OPEC Insights: Ursa Extends In-Depth Oil Inventory Monitoring to MENA Region

ITHACA, N.Y. – Ursa Space Systems Inc. (Ursa) today announced the worldwide release of their Middle East/North Africa (MENA) Oil Storage Report. MENA is the third region in Ursa’s expansion to global coverage of oil storage inventories, providing a new reliable data-set to a product line that is already in use by leading traders. “MENA is a[…]

Ursa CEO to Speak at GEOINT 2017

Ursa is a member of the United States Geospatial Intelligence Foundation (USGIF) and will exhibit at USGIF’s GEOINT 2017 symposium June 4-7 at the Henry B. Gonzales Convention Center in San Antonio, TX. The GEOINT Symposium is the premier annual event for professionals engaged in every facet of GEOINT, bringing together over 4,000 individuals from[…]

Global Crude Inventories Play Powerful Role for OPEC

Ithaca, NY – May 23, 2017 – Along with shale oil production, crude oil inventories are playing a powerful role in determining global oil prices. Wall Street Journal’s “OPEC’s Foil: It Can’t Drain Enough Stored Oil”, explains the difficult time that OPEC has had in trying to balance oil prices by cutting output. Investors need[…]

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 Overcomes Cloudy Skies

Ithaca, NY – May 11, 2017 – Over 50% of the Earth is covered in clouds every day. For oil storage locations specifically, many of the areas that customers are interested in are covered in clouds for much of the year (Singapore, East Coast of China, Nigeria, Venezuela, etc). Some companies try to launch enough[…]

Ursa Expands Coverage of Oil Inventories in China

World’s First Reliable Reports of Oil Stocks of China Ithaca, NY – May 3, 2017 – Ursa Space Systems Inc. (Ursa) today announced the worldwide release of their expanded China Oil Storage product, the first reliable report of China’s crude oil stocks. The report covers 75% of China’s crude oil tanks, including 100% of Strategic[…]

What makes Ursa’s China Oil Storage Data so reliable?

Ithaca, NY – April 27, 2017 – Adam Maher, Ursa Founder and CEO, recently talked about Ursa’s reliable delivery of a weekly data set on China’s crude oil storage. He spoke to Via Satellite about the value of satellite-based radar data for serving customers in the financial and energy markets. “We measure the same tanks[…]

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[…]