Uncertainty Looms Over Marine Fuel Sulfur Limit
The International Maritime Organization has set a January 2020 deadline for a new 0.5% sulfur limit on marine fuels. The move is poised to force most shipowners to switch from burning residual fuel oil to a new, unfamiliar, less-sulfurous product. A study by CE Delft, commissioned by the IMO in...
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Aspect’s CTRM Software Makes Complex Pricing Simple
Did You Know…that AspectCTRM offers one of the most comprehensive complex pricing formula tools for commodities trading companies? This blog explains how Aspect’s commodity trade and risk management cloud software supports a wide spectrum of pricing terms across multiple commodities with example formulas. Negotiating pricing term contracts can be very...
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The Global Bunker Market Is In A State Of Uncertainty
World oil indexes changed irregularly during the week. Another U.S. crude oil inventory increase as well as some fears about U.S. steel tariffs, and follow up possible protectionist measures, weighed on fuel sentiment. Meanwhile, news that Trump would allow some exceptions to the tariffs, his decision to replace Secretary of...
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10 Oil Market Trends You Can’t Ignore This Year
Gasoline (and crude) prices are poised to tip modestly higher in 2018. OPIS’ predictions for average retail gasoline prices will serve up American motorists an annual bill of $348.8 billion, coming on the heels of a 2017 cost of $340.6 billion. When one adds up the four years that stretched...
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Yags Savania Celebrates 15 Years At Aspect Enterprise Solutions
Today, I celebrate my 15-Year Anniversary at Aspect Enterprise Solutions, formerly known as OILspace. As a young, eager lad, I joined the exciting start-up software company during IP Week 2003 where we flaunted our new XDA mobile solution, the only mobile solution available in the market at that time. Reuters still...
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Aspect Enterprise Solutions Kicks Off 2018 In Cyprus
The Aspect Enterprise Solutions annual Kick Off is an event our team looks forward to every year. This year, the team headed to beautiful Cyprus to plan for 2018 and connect with colleagues from Aspect offices across the globe. Presentations Kick Off presentations cover a wide range of topics including...
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Leading CTRM Company, Aspect Enterprise Solutions, Invites Trading Firms to Meet During IP Week
Every year, International Petroleum Week brings energy leaders from across the globe to London to network, share knowledge, and discuss the future of the industry. This year, IP Week takes place February 20th-22nd at InterContinental Park Lane and has over 1500 participants. Aspect is a Silver Sponsor. During IP Week many oil...
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Cast Your Vote In The Energy Risk ETRM Software Rankings Survey
Industry professionals are invited to participate in the annual Energy Risk energy trading and risk management software rankings survey which ranks ETRM service providers in various categories. We encourage you to vote for AspectCTRM. The Energy Risk software survey acknowledges companies which have exceeded client expectations, and Aspect is proud to be nominated...
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Join Us At Aspect’s First Networking Event in Dubai
The Aspect team is excited to host our first Eat, Drink, Think networking event for trading professionals in Dubai this year. The gathering takes place February 7th from 18:00 – 21:00 PM DST at the Dubai Creek Golf & Yacht Club and is a must-attend event for commodity traders, risk managers/directors, executives,...
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5 Oil Market Myths That Need Dispelling
This post was written by Paul Hickin, Associate editorial director, S&P Global Platts. To read the full article, visit: http://blogs.platts.com/2018/01/08/5-oil-market-myths-need-dispelling-opec/ The oil market has come to be defined by several narratives over the past couple of years: market rebalancing, OPEC versus shale, Russia’s delicate relationship with OPEC, OPEC’s conformity with production cuts with the latest...
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