US: Orbital Insight and Energy Aspects announced a global partnership to transform how energy data is used for investing. The two industry-leading companies are teaming up to integrate geospatial analytics, based on artificial intelligence and machine learning, with expert energy analysis that will give customers unprecedented global oil storage level data.
The new service by Energy Aspects will use Orbital Insight’s AI-driven global oil inventory data as the basis for tracking and analyzing oil storage levels for all key global markets. Combining extensive global coverage of readings grounded in verifiable observations with Energy Aspects’ deep market expertise, the reports will give customers an edge.
“Integrating granular geospatial analytics with deep energy expertise can change the way the market moves,” said A.J. DeRosa, Executive Vice President and Head of Global Sales at Orbital Insight. “We are pleased to collaborate with Energy Aspects to give oil trading and finance professionals unique and timely information as they invest in commodities.”
The partnership will enable expert collaboration between the two companies. Energy Aspects will provide its valued, forward-looking views based on all of Orbital Insight’s current energy coverage, including the 65 countries where Orbital Insight tracks individual floating roof tank oil levels. As additional geospatial datasets are developed, they will be incorporated into the research to further tailor it to customers’ needs.
“Our new reports on global oil storage will give customers more advanced market insight than has ever been possible,” said Fredrik Fosse, CEO of Energy Aspects. “This partnership with Orbital Insight will drive innovation in the energy industry, equipping clients with the latest technology to make the best possible investment, trading, and strategic decisions.”