OilX - Nowcasting

OilX allows you to make quicker and faster trades with access to high frequency real-time fundamental data and analytics.

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OilX selected as OPEC secondary source

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OilX and OPEC

Markets are becoming more data-driven than ever before. The OilX Platform unlocks access to real-time oil market data to help you combat increased speculative financial flows and optimise risk management.

Gain a trading edge

We track every barrel of oil, throughout the global oil value chain. Earth observation satellite data provides clarity on upstream output and oil storage, while real time maritime information enables transparency on global trade flows, forming comprehensive import export volumes. 

Nowcasting

Satellite Earth Observation

Machine learning

Augmented oil intelligence

The problems we solve

Real-time data

Oil trading markets operate in real-time. Untimely data and lags compromise your position to respond to increased market volatility and price movements. 

Advanced oil analytics

Deep sector expertise and advanced analytical capabilities are required to meaningfully utilise fundamental data in trading decision rules.

Trading efficiency

Current analysis methods are time consuming, prone to human error and don’t operate 24/7. Data-driven insights are critical to making trade decisions. 

Powerful dynamic maps and tracking

Drill down into detailed cargo and voyage information for crude, clean and dirty products.

Key benefits and features of our OilX Service

Our OilX Platform delivers a comprehensive real-time view of global oil supply-demand balances for over 160 countries using cutting-edge nowcast technology.

Global oil balance 


Take advantage and access real-time fundamental data and gain increased visibility on price drivers. 


OilX’ cutting-edge nowcast technology combined with OilX Digest allows you to spot trends in physical fundamentals that have a strong impact on market pricing to manage short-term risks. Our nowcast technology allows you to see the evolution of all supply-demand balance parts, that’s already back tested.


Dashboards, charts and tables pre-built by oil market experts who understand trading decision rules are made available at your fingertips to help you stay ahead of the curve. 

Oil Production 


Global oil production by country and region, updated daily.


Evolution of all country and regional production using our cutting-edge nowcast technology.


Satellite based daily oilfield flaring monitoring powered by ESA. Intuitive user interface with interactive heatmaps to simplify the most complicated country and regional comparisons.

Flow Tracking


Daily updated oil flows between countries (or US PADDs or China Provinces), regions or organisations, with global oil flows coverage, across the barrel.


Flexible filters to create fully customisable import/export flows, filtered by country, quality and grade, alongside a dynamic heat map and flow diagrams, enhance your visibility of flows across the globe

Refining 


Global refinery throughput, capacity and utilisation for all main oil trading areas, updated daily.


Future refinery capacity additions and turnarounds based on OilX proprietary satellite analytics.


Intuitive user interface that includes interactive heatmap for countries comparisons. 

Oil Demand 



Global oil demand by product, country and region, updated daily.


Evolution of all country and regional demand using our cutting edge nowcast technology.


Leveraging high-frequency demand indicators to nowcast end-use oil demand. Intuitive user interface with interactive heatmaps to simplify the most complicated country and regional comparisons. 

Oil Storage


Global oil stocks segmented by commercial and governmental stocks, by country.


Satellite based crude oil storage monitoring by terminal and crude quality powered by ESA and Aresys technology.


Daily crude oil floating storage measurements.

Regular insights and reports


Through our OilX Digest we provide highlight key trends and changes in fundamental data points that are critical to price formation.


While our Brent Monitor, ARA Gasoil Weekly, and PADD1 Gasoline Weekly reports keep traders informed of physical activity at major oil and product pricing points.

Data visualisation & connectivity


OilX timeseries data is available in EA's Data Explorer and via API.


TheData Explorer tool offers an intuitive experience to effortlessly find, visualise, and download data, or generate scripts to retrieve these datasets directly from our API or by using our Excel add-in.

Understand how OilX works

Dr Florian Thaler, Head of OilX, and Dr Nicky Ferguson, Head of Analytics, discuss the power of OilX data and how it works on the EA Client Portal in a series of videos.

Explore comprehensive supply-demand balances and more, accessible via API , flat files and excel delivery. Watch the video to discover OilX's core features.

In this video learn how OilX's nowcasting provides daily predictions of global oil supply and demand. 

In this video explore the rigorous process of validating live data with ground truth data in OilX. 

Watch the video to learn how you can discover global oil trends instantly with the OilX dashboard, offering detailed insights from regions to individual fields. 

Watch this video to understand how you can access OilX's data through a web application and API, integrating it into your systems for advanced model creation. 

Watch the video to understand how the OilX team blends domain expertise with data science to effectively tackle complex problems, helping clients to merge traditional and data-driven methods.

Watch the video to understand how OilX can help you gain deeper insights into high-frequency data and its impact on trading and pricing decisions. 

Stay ahead with high-frequency data crucial for understanding market shifts. Watch the video to see why it's a must-have for traders.

Use OilX's metadata to enhance your models. Watch the video to see how you can create these bespoke solutions focused on particular components of oil markets including storage, production, trade and refining. 

Leverage OilX's data with your physical assets insights to create a proprietary model. Watch the video to learn more.

Understand the quantamental way of trading with OilX's comprehensive physical data. Watch the video to learn about this integrated approach.

Understand market drivers with high-frequency data from the EA Quant service. Watch the video to see how this pairing aids positioning in paper markets.

Watch the video to see how EA's Quant Analytics uses OilX data to explain market dynamics and deploy capital effectively. 

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