Energy Trading Platforms for Marketers
Gain Real-Time Advanced Systems to Better Manage Risk
Due to the complexity of energy markets, marketing companies must be able to handle various grades of raw materials, blended petroleum, and finished products. They also must be able to transport energy products by several transportation types including truck, rail, barge, and vessel.
As energy consumption increases globally, these challenges will continue. Procuring more output from existing oil fields is costly, and the logistics, supply systems, and political alignment needed to extract oil from new sources are complex, expensive, and time-consuming. All of this, combined with expected occasional supply disruptions due to severe weather events and political instability, makes the oil markets rife for continued price spikes and major supply chain issues. The net effect is that the complexity and volatility of the crude and refined markets are here to stay and will most likely increase in the coming years. It is important that marketers, refiners, and exploration and production (E&P) companies have real-time, advanced systems to mitigate risk, manage physical movements, and optimize decision-making.
Leading Solution for Energy Marketing
InSight CM® - Oil manages the entire lifecycle of crude and refined products including purchase, refining, blending, storage, transportation, sales, distribution, and trading. The next-generation ETRM software supports any high volume mode of movement and transport including pipeline, truck, rail, vessel, and barge. Eka’s advanced analysis and reporting module gives energy companies a competitive advantage.