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Read our latest data-driven stories shaping markets, security, and the world.
05
JUN 2020Global crude stock builds eased before price rebound
After a historic collapse, oil prices have been increasing, an impressive turnaround since being in free fall earlier this year.
A few weeks before hitting bottom, there were signs of fundamentals improving, providing a leading indicator for prices (keep reading).
Production cuts (OPEC, Russia, US shale), better-than-expected gasoline demand, and hopes for an economic recovery have helped lift oil prices.
05
JUN 2020Video: Ursa's Oil Inventories Country Level Capacity Dashboard
Ursa is monitoring oil storage around the world using SAR satellite data.
Watch this video tutorial to learn more about the different features you can access on our dashboard.
22
MAY 2020Cold storage: Vital part of food chain tested by pandemic
Concerns are growing over the strength of the food supply chain amid the coronavirus pandemic.
In normal times, the global network of producers and distributors responsible for moving food around the world functions smoothly.
Obviously, these aren’t normal times. The unprecedented turn-of-events caused by coronavirus are challenging the resiliency of the food supply chain.
Will cracks emerge?
22
MAY 2020Global auto index: Tough road ahead for car makers
The global automotive industry faces perhaps its greatest challenge ever in the weeks and months ahead, trying to reopen amid a global pandemic.
During the recent height of the pandemic, it looked like things couldn’t get much worse.
The easing of COVID-19 cases provided an opening for many to restart, but the tough times are far from over.
The long-term question is whether they can stay open.
19
MAY 2020Story map: Iraq Water Supply
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18
MAY 2020Story map: China Crude Inventories
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15
MAY 2020As drilling slows, Halliburton’s Duncan, OK yard fills
Halliburton, the world’s second-largest oil field services company, was formed in Duncan, Oklahoma more than one hundred years ago.
According to company lore, Eric P. Halliburton began an oil well cement business in Duncan in 1919 after borrowing a wagon, mules and a pump.
14
MAY 2020Story map: How We Use SAR
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08
MAY 2020Video: Global Oil Storage Trends & COVID-19
An unprecedented decline in oil demand has caused inventories to build sharply in 2020. The potential for storage to "run out" by this summer has been widely raised, sowing panic in the oil market.
Is this true? How full are global crude inventories? Do inventory levels vary depending on geography? Where are stocks highest? Have any locations hit a plateau?
These are some of the questions we covered in a recent webinar using Ursa inventory data. Click below to watch the video.