ClipperData And Ursa Partner To Monitor China Refinery Demand

For those who wish to stay abreast of China’s weekly demand profile, ClipperData and Ursa are launching their first new product, the China Refinery Demand Report. 

This proprietary weekly report relies on tracking crude oil storage inventories tank-by-tank for both China’s Strategic Petroleum Reserve (SPR) and commercial storage as well as imports cargo-by-cargo.  State-of-the-art technology operates under all conditions, eliminating the problems previously associated with cloud cover or darkness. 

By combining reliable oil storage measurements with the industry’s best global cargo tracking system, the report delivers an accurate assessment of China’s refinery consumption on a weekly basis.  These data provide an independent “hard data” assessment far in advance of Chinese government statistics, which frequently overstate demand and lag the market by a full month or more.

“This partnership is unique in that it will immediately deliver value to global oil traders,” says Adam Maher, Chief Executive Officer of Ursa Space Systems. “We’re on point to deliver exceptional clarity in the world’s largest crude oil market.”

CLICK HERE to download a no-cost issue of the new China Refinery Demand Report.

ABOUT CLIPPERDATA

ClipperData, headquartered in New York City, holds exclusive partnerships with the U.S. Customs & Border Protection and Inchcape Shipping Services, the world’s largest port agent. ClipperData offers the industry’s most comprehensive database of waterborne – oceangoing, inland barge, ship-to-ship and floating storage – flows of all crude oil and petroleum products worldwide. ClipperData delivers unrivalled real-time transparency: by ship, grade, API gravity, volume, load/discharge port and dock, along with consignee information. www.clipperdata.com

ABOUT URSA SPACE SYSTEMS

Ursa delivers global economic intelligence to energy and financial enterprises, providing reliable information about areas of the world that are traditionally opaque. The company was formed in early 2015 by leaders in the satellite and software security fields with the vision to unlock the potential of data and insights derived from satellite imaging. Ursa is headquartered in Ithaca, NY. For more information visit www.ursaspace.com.

Contact: David Francoeur, 617-852-8868, [email protected]

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SOURCE ClipperData LLC

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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