Aspect Blog

The US Physical Crude Market and Argus Pricing

Posted by Gus Vasquez on Dec 8, 2016 4:38:59 PM

Gus Vasquez is the Americas Crude Editor at Argus Media

With actively traded markets for a range of crudes from heavy sour to light sweet, the US Gulf coast is the only region in the world that can provide benchmarks for any quality of crude at a single location. The US Gulf coast has well established and up and coming secondary benchmarks that are actively traded, enjoy ample participation and are transparent. This is positioning the US Gulf coast to potentially become a global pricing center in future and already US crude exports are pricing against these secondary benchmarks.

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Topics: Oil Markets

Aspect Houston Holiday Wine Tasting Event Highlights

Posted by Brigette Gebhard on Dec 7, 2016 1:35:41 AM

Tonight, energy traders kicked off the holiday season at our exclusive wine tasting event in Houston. Aspect guests networked with industry professionals, explored the benefits of CTRM solutions, and enjoyed complimentary wine and hors d'oeuvres. We were so pleased with the outcome of our 2nd annual Eat, Drink, Think gathering, that we decided to do an industry first - share live updates on our social media channels and blog.

Here are a few highlights from this successful event.

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Topics: Aspect

Opec: Deal or No Deal

Posted by Mimi Narikot on Nov 29, 2016 12:00:00 PM

Opec, which pumps roughly 40% of the world’s oil, is considering its first production cut in 8 years. The drop in output will impact the global market significantly. The end of the oil group’s pump-at-will policy will effect each of the 14 member countries’ production levels differently, although Iran is likely to be excluded from the deal. Non-Opec countries are also considering joining the pact to cut production. The details of the possible deal have not been finalized, but it is likely that Opec members will cut output to around 33 million barrels per day. Global prices and supply will be altered by Opec’s decision.

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Topics: Oil Markets

Bunker Trading Around The World

Posted by Mimi Narikot on Nov 2, 2016 12:00:00 PM

The use of bunker fuel dates back to the 1950s, and the industry has experienced significant growth since then. Bunker crude, a derivative of crude oil, can be classified as any type of fuel used by a vessel. Shipping companies are always looking to improve their purchasing programs as the need for affordable, high quality fuel continues to grow.

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Topics: Oil Markets

In-Memory Database – Exactly How Fast Is AspectCTRM?

Posted by Thomas Bowcutt on Oct 11, 2016 11:03:00 AM

Did You Know…that AspectCTRM relies on an in-memory database for its fast processing speeds?

Exactly what does this mean to the business user?

If you ever wondered why Excel can run millions of calculations almost instantaneously when updating a cell but most ETRM or CTRM solutions, other than AspectCTRM, can take 5 minutes to open a single deal, the answer is "in-memory."

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Topics: Technology, Oil Markets, Metals Trading

U.S. Crude Oil Exports, Or The Threat Of Exports

Posted by James Gooder on Oct 6, 2016 3:11:30 PM

This editorial piece is brought to you by Argus Media.

The lifting of the US crude export ban at the beginning of this year has the potential to put the US Gulf of Mexico at the epicentre of global oil trade and price benchmarking.

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Topics: Oil Markets

Celebrating Our Website Award & 25 Years Of The World Wide Web

Posted by Brigette Gebhard on Sep 6, 2016 1:00:00 PM

I’m not one to toot my own horn, but it’s been a long time since I’ve won an award at work. Back in my 20's while I was an advertising copywriter in NY I had won a few awards for slogans and advertisements. A few years before that while writing copy for Trump Casinos, my team won a few design/copy awards. It was fun.

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Topics: Technology, Aspect

Metals Trading -- What You Need To Know

Posted by Justin Howat on Aug 24, 2016 8:33:59 PM

With 118 elements listed on the periodic table, 91 of them are categorized as Metals – a material that is typically opaque, shiny, hard, malleable, fusible, ductile and has good electrical and thermal conductivity. While they are divided into nine families of elements with similar properties, the rare-earth metals as well as base metals and precious metals provide a variety of trading opportunities in today’s commodity market.

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Topics: Metals Trading

Women In Financial Technology (FinTech)

Posted by Brigette Gebhard on Aug 9, 2016 11:30:00 AM
Below is an excerpt from a magazine focusing on women in financial services and technology. It was published by Harrington Starr, a global leader in financial services and commodities technology recruitment. This excerpt features an interview with Aspect CIO Chetna Bhatia who expresses her thoughts about women in the technology sector. Chetna has been with Aspect since 2009, has been VP of Partnerships and Services, is on the Aspect Management Team, and now leads Aspect’s global IT agenda as CIO.

The Financial Technology (FinTech) sector is booming today because of new market players, business models and new innovations. With changing times, what needs to change is the mind-set of the organisations empowering this change. Last year's International Women’s Day sparked a debate at the Innovate Finance Global Summit around the lack of females holding board-level positions in the FinTech sector and elsewhere.

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Topics: Technology, Aspect

New EU Regulation Impacts Oil & Commodity Derivatives Trading Companies

Posted by Don Parry on Aug 1, 2016 10:30:00 AM

I’m writing to ensure oil and commodities trading companies understand new legislation that became law July 3rd of this year.  It’s particularly important, because its impact will be felt throughout trading organisations in terms of business process and individual behaviour and not meeting these obligations can be viewed as a criminal offence in some instances. 

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Topics: regulations