Mid-Year Analysis On Oil Prices
A steady diet of curveballs may be the best way to describe the first half of 2018 for fuel and oil prices. Revisions to forecasts have been many, market bears turned into bulls, and rising retail gasoline prices are back in the headlines after a two-and-a-half-year hiatus. International Markets It all...Read more.
Create Custom Excel Spreadsheets With Real Time Data (RTD) Technology
Did You Know…that AspectDSC provides live data that is seamlessly exported into Microsoft Excel using powerful Real Time Data technology, also known as RTD? Traders analyze fast moving commodities markets by exporting data from multiple sources into spreadsheets that continue to tick in real time in Excel on your desktop...Read more.
Aspect Begins Journey With ION Investment Group at Energy Risk USA in Houston
May has been a busy month for Aspect Enterprise Solutions and our team of commodities trade and risk management professionals representing Aspect in cities across the globe, including Houston, Panama and Hong Kong. Aspect also stepped out with its ION colleagues in Houston joining fellow brands Openlink and Triple Point...Read more.
The Oil Market Response To Renewed US Sanctions On Iran
The US decision to renege on the Joint Comprehensive Plan of Action (JCPOA) and reimpose sanctions on Iran leaves the rest of Opec with a dilemma. The organisation’s pact with non-Opec producers has succeeded in its nominal aim of bringing commercial oil inventories in the OECD back to the historic...Read more.
Aspect CEO Steve Hughes Discusses True Cloud CTRM Technology on CTRMRadio
Aspect Enterprise Solutions CEO Steve Hughes participated in the latest CTRMRadio podcast by ComTech Advisory. Hughes is a member of the advisory’s CTRM Thought Leadership panel, and explains the varied definitions CTRM software vendors are using for the term cloud within their own software environments, and why most of them...Read more.
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...Read more.
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...Read more.
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...Read more.
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...Read more.
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...Read more.