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[…]

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[…]

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[…]

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[…]