OilX selected as OPEC secondary source

February 4, 2025


Energy Aspects (EA) is delighted to announce that OPEC, during a videoconference for the 58th Meeting of the Joint Ministerial Monitoring Committee (JMMC), has selected OilX as a secondary source.


This prestigious recognition underscores the value of EA's analytics capabilities in providing critical insights into the oil market.


It also highlights the strength of EA's OilX analytics capabilities, which leverage cutting-edge technology and deep market expertise to deliver unparalleled insights into oil market dynamics. The OilX Platform combines conventional oil statistics with real-time data from satellites and maritime intelligence to deliver the most precise measurement of the global oil market.


Being entrusted by key decision-makers like the JMMC underscores EA's commitment to supporting transparency, accuracy, and stability in global oil markets.


Dr Florian Thaler, Head of OilX, expressed his gratitude and emphasised the importance of this recognition:


"We are honoured to be recognised by OPEC as a secondary source for the Joint Ministerial Monitoring Committee. This acknowledgment is a testament to the hard work and dedication of our team at OilX, who strive to provide the most accurate and timely insights into the oil market.


By integrating advanced technology with our deep market expertise, we are committed to supporting transparency in the global oil markets. We look forward to continuing our collaboration with key industry stakeholders to enable data driven decision-making."

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