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The Ursa Space News Desk

How we’re using our technology to understand current events.

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THU

07

MAY 2020
Wuhan closes temporary hospitals, could others be next?





Leishenshan Hospital opened early February to treat the overflow of COVID-19 patients during some of the worst days of the crisis in Wuhan.

It was the second of 16 temporary hospitals built in the Chinese city at the heart of the coronavirus pandemic.

FRI

01

MAY 2020
Tracking the US’s busiest freight rail hub

Trains are the dominant mode of transportation for moving freight—from grain, coal and ethanol to automobiles, food, chemicals and consumer goods.

THU

30

APR 2020
Story map: Port Monitoring

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FRI

24

APR 2020
Oil storage rising: Cushing and beyond

The amount of oil held in storage at Cushing, Oklahoma led to one of the biggest stories in the world this week.

WTI oil futures traded Monday (April 20) in negative territory for the first time ever. You got paid to buy oil.

FRI

17

APR 2020
Using satellite imagery to monitor China amid COVID-19

There are signs of economic life in China after months of paralysis.

A car factory in Tianjin. A freight railyard in Wuhan. Oil storage tanks across China.

The impact of China’s lockdown was highly visible in these places. Now, the signs are pointing in a different direction, suggesting efforts are underway to revive the world’s second-largest economy.

FRI

10

APR 2020
Lessons learned: Inventory trends post-coronavirus

How much longer before the world’s crude inventory storage tanks fill to maximum capacity?

It’s become the dominant question in the oil market after the combination of a global economic paralysis and Saudi-Russia price war resulted in a staggering oversupply.

FRI

03

APR 2020
Possible supply pact captures oil market attention

Talk of a potential deal among the world’s major oil producers to cut supply by historic proportions caused crude futures to skyrocket this week.

The development began Thursday with a tweet by President Trump raising expectations that OPEC and Russia could strike a deal that would lift oil prices after recording a 65% decline in the first quarter.

FRI

27

MAR 2020
Crude inventories rising outside China

Global crude inventories have begun to show significant increases caused by an unprecedented drop in oil demand, an outcome of the ongoing economic paralysis.

With Saudi Arabia vowing to supply record-high volumes starting next week, the trend of inventory builds looks set to continue.

How much more room even exists until storage reaches maximum capacity?

FRI

20

MAR 2020
Traders seeking storage for surplus barrels

Will the world run out of storage to place unwanted barrels of oil?

The reduction in oil demand caused by coronavirus-related turmoil and Saudi Arabia’s record-high production have combined to create a massive oversupply. Where will it all go?

Oil prices have collapsed over the last few weeks, with NYMEX crude and ICE Brent hitting lows Wednesday last seen 2002-03.