Genscape Launches East Coast Refinery Monitoring Service, Provides Real-Time Insight Into Gasoline Production
Genscape’s refinery, storage, pipeline monitoring services provide exclusive insight into the global oil market. The company announced an addition to these services with the launch of its East Coast Refinery service today.
New York, NY, January 05, 2011 --(PR.com)-- Genscape, the leading global provider of energy fundamentals information for commodity and financial markets, today announced the launch of a new refinery monitoring service along the North American eastern seaboard.
The new east coast service provides operational insight covering critical refineries in the US and Canada that supply gasoline to New York Harbor, the delivery point of the CME RBOB gasoline futures contract.
“Disruptions of gasoline production at a handful of refineries have a profound effect on futures prices,” said Abudi Zein, Vice President at Genscape. “Since we are monitoring these refineries in real time, we can alert our clients of events as they happen,” Zein added.
The East Coast Refinery Monitoring Service rounds out Genscape’s refinery coverage east of the Rockies. Genscape already monitors dozens of refineries with its Midcontinent and Gulf Coast services.
Genscape’s refinery, storage, pipeline monitoring services provide exclusive insight into the global oil market. Its Cushing Storage Service, published twice a week, has become the de-facto standard for inventory level assessment at the delivery point for the CME light crude oil futures contract. Genscape also measures inventories at other major storage locations including Patoka, IL, Midland, TX, Colorado City, TX, Wichita Falls, TX, and Wink, TX, representing a total of more than 30 million barrels of storage capacity.
Genscape continues to add to its suite of directly measured storage and flow data services for the oil market in the US and Europe.
About Genscape:
Genscape is the leading global provider of essential energy information for commodity and financial markets. Utilizing patented technologies and proprietary algorithms, Genscape provides accurate and timely data on capacities, flow, and utilization for all major energy commodities including power, natural gas, oil, coal, and emissions. Genscape also delivers fundamentals-based market intelligence services which market participants rely upon to better understand drivers, risks, and dynamics of regional power and gas markets. For more information visit www.genscape.com.
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The new east coast service provides operational insight covering critical refineries in the US and Canada that supply gasoline to New York Harbor, the delivery point of the CME RBOB gasoline futures contract.
“Disruptions of gasoline production at a handful of refineries have a profound effect on futures prices,” said Abudi Zein, Vice President at Genscape. “Since we are monitoring these refineries in real time, we can alert our clients of events as they happen,” Zein added.
The East Coast Refinery Monitoring Service rounds out Genscape’s refinery coverage east of the Rockies. Genscape already monitors dozens of refineries with its Midcontinent and Gulf Coast services.
Genscape’s refinery, storage, pipeline monitoring services provide exclusive insight into the global oil market. Its Cushing Storage Service, published twice a week, has become the de-facto standard for inventory level assessment at the delivery point for the CME light crude oil futures contract. Genscape also measures inventories at other major storage locations including Patoka, IL, Midland, TX, Colorado City, TX, Wichita Falls, TX, and Wink, TX, representing a total of more than 30 million barrels of storage capacity.
Genscape continues to add to its suite of directly measured storage and flow data services for the oil market in the US and Europe.
About Genscape:
Genscape is the leading global provider of essential energy information for commodity and financial markets. Utilizing patented technologies and proprietary algorithms, Genscape provides accurate and timely data on capacities, flow, and utilization for all major energy commodities including power, natural gas, oil, coal, and emissions. Genscape also delivers fundamentals-based market intelligence services which market participants rely upon to better understand drivers, risks, and dynamics of regional power and gas markets. For more information visit www.genscape.com.
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Contact
Genscape
Jennifer Collins
1-617-790-0902
www.genscape.com
Jennifer Collins
1-617-790-0902
www.genscape.com
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