The EIA is, and will continue to be, the gold standard for reporting U.S. oil inventories, and the administration’s weekly reports have the power to immediately swing crude oil prices depending on builds or draws in oil stocks. But while the U.S. is a transparently reporting country, other nations are not revealing oil stocks data, or are rarely reporting—at best—opaque figures in which the markets have little faith. No one really knows how much oil the countries around the world are storing, creating uncertainty in the supply side of the oil markets. But one of the hottest new technologies may shed more light on oil storage around the globe, especially in countries that are keeping inventory figures to themselves. The tech is artificial intelligence (AI) – and an unlikely collocation to put in a sentence with oil and inventories. Yet, U.S. geospatial analytics company Orbital Insight has been using […]