Insights

Over the weekend OPEC agreed to a one-month extension to production cuts totaling 9.7 million bbls/d. The one-month timeline is shorter than the market is used to from OPEC, where they normally set longer-term goals and meetings. While the COVID crisis naturally requires a quicker...

Positive developments have been hard to find in the oil market in recent months, but there have been some encouraging trends over the past week. Validere’s Mark Le Dain comments on anticipated changes for both storage build and supply.  Read more in Rigzone’s weekly market insights...

Our Edge Team has put together a report outlining how the convergence of Canadian crude oil differentials has led to some non-traditional blending opportunities in Canada. Validere’s Edge platform identifies these types of opportunities in real time using its AI engine and a vast database...